Energy chief hedges gas-price forecast after Trump rebuke

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Source: Politico
TL;DR

Energy Secretary Chris Wright sought to downplay his earlier forecast that gasoline prices might not dip below $3 a gallon until 2027 after President Trump rebuked him, saying he never asserted such a timeline. He told CNN that sub-$3 gas might not happen until next year and testified at a Senate hearing that he’s uncertain about the future while noting current prices are still lower than under the Biden administration and that the Iran-related price surge has likely peaked.

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