Trump's energy chief: "No guarantees" gas prices will fall in weeks - Axios
Quick Insights
The Bottom Line
Trump's energy chief says no guarantees gas prices will drop soon.
How This Affects You
Gas prices may remain high despite expectations for relief at the pump.
AI Summary
Trump's energy chief told Axios there are "no guarantees" that gas prices will fall in the coming weeks. The statement suggests uncertainty about near-term relief at the pump despite expectations for lower energy costs under the Trump administration.
Following this story?
Get notified when new coverage appears
This article is part of a story we're tracking:
Should this be getting more attention?
You Might Have Missed
Related stories from different sources and perspectives
PoliticsWhat is the Jones Act, eyed in bid to lower gas prices?
President Trump on Friday said he was looking at loosening shipping rules in the Jones Act as a method to lower gas prices that have skyrocketed since the U.S. launched its military offensive in Iran two weeks ago. Fox News host Brian Kilmeade pressed Trump on the issue during an interview on Kilmeade’s eponymous podcast,…
Politics48% of Americans blame Trump for high gas prices — more than any other factor
<p>Americans are growing increasingly concerned with <a href="https://www.axios.com/2026/03/06/oil-gasoline-prices-trump-hormuz-russia" target="_blank">rising gas prices</a>, and about half are blaming President Trump, per flash polling conducted Wednesday night by Morning Consult and shared with Axios.</p><p><strong>Why it matters: </strong>The spike in oil prices caused by the war is fast becoming a political liability for the White House — and threatening economic growth in the U.S.</p><hr><p><strong>By the numbers:</strong> 74% of Americans say gas prices have increased this year, per the survey.</p><ul><li>That's up 30 points from six weeks ago, the last time the polling firm surveyed on this question. </li><li>Morning Consult surveyed 1,002 U.S. adults online, and weighted the data to reflect demographics. There's a margin of error of ±3 percentage points.</li></ul><p><strong>Friction point: </strong>When asked who is most responsible for current gas prices, 48% said the presi...
FinanceU.S. gas prices still rising despite stabilized crude oil prices
The war with Iran continues to impact energy prices globally with Americans seeing another rise on prices at the pump. Patrick De Haan, head of petroleum analysis for Gas Buddy, joins CBS News to discuss.
GlobalAs energy prices soar, Russia emerges as major winner of Middle East war
Russia has so far been the only winner from the war in the Middle East as energy prices soar and attention for its war against Ukraine has faded, EU Council President Antonio Costa has said. Late on Monday, US President Donald Trump and Russian counterpart Vladimir Putin discussed the war amid reports that Trump's administration is considering reducing oil sanctions on Russia - in a bid to boost world supplies of oil.
PoliticsCalifornia passed a law to curb spikes in gas prices. Why isn’t it using those powers now? - AP News
<a href="https://news.google.com/rss/articles/CBMizAFBVV95cUxNSzMyM1otUk43S0c3S29UZTZiZjUzcjNua3FYeVpVZW0tb1lDSTUxVm5HZndid1Y3Y3c3OVgyVW8tZ3ZlZEJIRmhGVWpmWFVROWlyTUNrbmZfV25fXzF5T3VSRF9kQmQzYWFQTDJmcUt5ekRUUWc5aTNja0g1WndXa1RVTEl4NVd4aXR1dF9tSHp4RlhOWlBObzVqeXdhWm9nVGZ4RXNQbU83SC11V1N2LVRybm1fWW5aRjdaTXU4Vm9jdzktanlkcmhEYVI?oc=5" target="_blank">California passed a law to curb spikes in gas prices. Why isn’t it using those powers now?</a> <font color="#6f6f6f">AP News</font>
PoliticsTrump dismisses soaring gas prices as 'a little glitch' of Iran war
President Trump is dismissing skyrocketing gas prices as Americans start to feel the economic ripple effects of his war with Iran.

Judge blocks Trump administration's subpoenas against Fed Chair Powell
A federal judge blocked two grand jury subpoenas against Federal Reserve Chair Jerome Powell on Friday. Chief Judge James Boasberg wrote that "the Government has offered no evidence whatsoever that Powell committed any crime other than displeasing the President."
Did this story change how you see things?
Stories like this only matter when people see them. Help us get verified journalism in front of more eyes.
The Verity Ledger curates verified investigative journalism from trusted sources only.
See our sourcesMost Read This Week
Lasers may be the next frontier for stopping Iran's cheap drones

Race on to establish globally recognised 'AI-free' logo

Defense official reveals how AI chatbots could be used for targeting decisions

Rubio designates Afghanistan as ‘state sponsor of wrongful detention’

Senate Democrat calls for investigation into Texas drone incidents

