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Energy Secretary Chris Wright Says Gas Prices Are ‘More Likely To Go Down Than Go Up’ Despite Record Labor Day High

Sep 7, 2026 · 03:40 AM ET· updated 1h ago
Energy Secretary Chris Wright Says Gas Prices Are ‘More Likely To Go Down Than Go Up’ Despite Record Labor Day High

Energy Secretary Chris Wright says gas prices are more likely to fall, citing futures, seasonal supply and EPA waivers despite Hormuz risks.

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Why It Matters

A government official thinks gas prices will probably drop soon because of how oil trading works and extra fuel supply coming. When leaders say prices might fall, people watch to see if that actually happens—it can hint at whether energy companies will make more or less money.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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