Energy Secretary Wright: Gas Prices Will Only Stay Up for Weeks — This Is Not a Months’ Thing

On Sunday, on CNN’s “State of the Union,” Energy Secretary Chris Wright said the military action in Iran will increase gas prices for “weeks,” not months. Host Jake Tapper said, “Let’s talk about gas prices here at home. The head of GasBuddy’s petroleum analysis told me a few days ago that two of the 10 largest single-day price increases in history happened this week. The price of oil jumped 36 percent, the largest one-week spike since 1983. President Trump told Reuters about gas prices, ‘If they rise, they rise.’ Is that really the message of the Trump administration to consumers, who are alr

On Sunday, on CNN’s “State of the Union,” Energy Secretary Chris Wright said the military action in Iran will increase gas prices for “weeks,” not months. Host Jake Tapper said, “Let’s talk about gas prices here at home. The head of GasBuddy’s petroleum analysis told me a few days ago that two of the 10 largest single-day price increases in history happened this week. The price of oil jumped 36 percent, the largest one-week spike since 1983. President Trump told Reuters about gas prices, ‘If they rise, they rise.’ Is that really the message of the Trump administration to consumers, who are alr