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April 19, 2026
Trump's Energy Secretary Predicts Gas Prices May Not Drop Below $3 Until 2027
- Chris Wright, the Trump administration’s energy secretary, warned that U.S. gas prices might not fall below $3 a gallon until late 2026, even with a swift end to the Iran war.
- Gas prices have spiked to over $4 a gallon, driven by geopolitical tensions, particularly the conflict in Iran and control of the Strait of Hormuz.
- A recent NBC poll indicates widespread public discontent with Trump's handling of inflation and the economy, as many Americans feel the impact of high gas prices.
3 Sources
- Trump's energy boss: gas may stay above $3-per-gallon into 2027Apr 19, 2026 at 3:53 PM · Axios
- Trump energy secretary says gas prices might not drop back under $3 a gallon until 2027Apr 19, 2026 at 3:54 PM · The Guardian
- Energy Secretary admits gas prices might not drop until next yearApr 20, 2026 at 12:22 AM · Independent