Energy Secretary Says Gas Prices May Stay Above $3 Until 2027

New York Times
by Minho Kim and Tim Balk
April 19, 2026
8 views
2 min read

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The Bottom Line

Energy Secretary Chris Wright projects gas prices may remain above $3 until 2027.

How This Affects You

Americans could face elevated fuel costs, impacting household budgets and economic forecasts for the next several years.

AI Summary

Energy Secretary Chris Wright stated that gas prices may remain above $3 until 2027. This acknowledgment contradicts President Trump's earlier assertion that price increases would be "short-term." Wright's comments indicate a longer period of elevated fuel costs than previously suggested by the White House. This could impact household budgets and economic forecasts for the next several years.

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