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October 4, 2026
Energy Secretary Chris Wright Confident Gas Prices Will Drop Ahead of Election Day
- Energy Secretary Chris Wright remains optimistic that gasoline and diesel prices will continue to decrease as the midterm elections approach.
- He highlights increasing U.S. gasoline production and a recent agreement from G7 countries to release 100 million barrels of fuel as significant contributors to the expected price drop.
- Wright expects diesel prices to fall below $6 soon, following a recent decline of over 20 cents.
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3 Sources
- Full transcript of "Face the Nation with Margaret Brennan," Oct. 4, 2026Oct 4, 2026 at 5:38 PM · CBS News
- Energy Secretary Chris Wright says Trump was "well aware of the risks to energy flows" before launching Iran warOct 4, 2026 at 5:47 PM · CBS News
- Americans are facing a multifront squeeze from rising gas, electricity and diesel prices. And many voters say energy prices are top of mind as they head to the ballot box in November.Oct 4, 2026 at 7:56 PM · WSJ