
Energy Secretary Chris Wright deflected when asked by âMeet the Pressâ host Kristen Welker about when gas prices would start to drop.
The average price of a gallon of gas in the United States on Sunday was $4.52, according to AAA, up over $1.50 from $2.98 on Feb. 26, days before the start of military operations against Iran. Welker asked Wright about his prediction from his previous appearance in a March episode that the price of gas would return below $3.00 per gallon before the summer.
âDo you think itâs still very possible that gas prices will dip below $3 a gallon in time for summer which is about six weeks?â Welker asked Wright.
âI canât make any predictions about, you know, oil prices or gasoline prices,â the Energy secretary responded, âThe military part of the conflict took about what we expected; I think the president was guiding four to six weeks, it took five and a half weeks. After the militaryâ main military operations have ceased, now weâre in a negotiating period. Weâre using economic leverage against Iran, and this regime is trying to cling on to their nuclear program, so obviously this part of the conflict has gone a little longer.â
âJust to go back to this central question, though, do you anticipate gas prices will drop below $3 a gallon this year?â Welker shortly thereafter asked.
âI canât make predictions about that,â he responded. âI can say that when we start to get free flow of traffic through the Straits of Hormuz, Energy prices will come down. And by ending Iranâs ability to get a nuclear weapon, they are the biggest threat in the world to the flow of global Energy.â
During a March 8 appearance on Fox News Sunday, Wright told host Shannon Bream that âEnergy will flow soonâ and called reports that prices would climb as a result of the conflict with Iran âfiction.â
WATCH:
Responding to an earlier question about if ending the Iranian nuclear program or reopening the Strait of Hormuz was the administrationâs top priority, Wright claimed Iran had material for 10 nuclear devices and over 1,000 pounds of 60% enriched uranium. Wright also asserted that ending the Iranian nuclear program would lower Energy costs in the long term.
Trump Middle East Envoy Steve Witkoff made a similar claim in a March 2 interview with Fox News, but the administration has not offered evidence to corroborate the assertions from Witkoff or Wright.
âSo youâre saying that ultimately gas prices will start to come down once the is reopened?â Welker said. âHereâs what analysts are saying about how high gas prices could ultimately go: âU.S. gasoline prices have a legitimate chance of rising to $5 a gallon as refiners prioritize jet fuel production at the expense of other products, according to analysts at JPMorgan Chase.â Should Americans be prepared for the possibility of paying $5 a gallon for gas?â
âLook, again, I canât predict the price of Energy in the short term or even the medium term, but what weâre doing is ending a 47-year conflict. Iran has fought â âDeath to the United States,â for 47 years, âDeath to Israelâ â and as we saw when the conflict broke out, they attacked all of their neighbors in the Middle East that had no involvement in the conflict whatsoever,â Wright deflected. âIf you have a hostile, unstable power like that, you simply cannot allow them to have nuclear weapons. That was a consensus opinion all my adult life.â
Trump and other administration officials declared the Iranian nuclear program had been âobliteratedâ after the June 2025 strike on multiple Iranian nuclear sites, but still asserted Iran posed a threat to the U.S. without providing specific details. Secretary of State Marco Rubio said the U.S. launched strikes because American casualties resulted from an Iranian response to Israelâs planned attack.
The New York Times reported April 7 that, despite skepticism from Vice President JD Vance and other officials, Trump was convinced to launch strikes against Iran during a Feb. 11 visit to the White House by Israeli Prime Minister Benjamin Netanyahu.
Former Director of the National Counterterrorism Center Joe Kent resigned March 17 over the conflict, claiming the war began âdue to pressure from Israel and its powerful American lobby.â Kent also argued in an X post that Iran posed no âimminent threatâ to the U.S.
âI know youâre saying you canât predict how high gas prices will go, but I donât hear you ruling out the possibility that they could in fact go to $5 a gallon,â Welker responded.
âWell, Iâm just avoiding price predictions, but I will say the United States is in a tremendous position,â Wright replied, âWeâre by far the worldâs largest producer of oil. Weâre by far the worldâs largest producer of natural gas. Thereâs been no rise in the price of natural gas: thatâs the largest primary Energy source for the United States, thatâs for home heating, thatâs for electricity. Gasoline, diesel prices are up, and they will remain up while this conflictâs in place, and then they will come back down. And, ultimately, theyâll come back down lower than they were before.â
Wright also told Welker oil supplies from Venezuela and Guyana would help lower prices, adding that, around the world, there was âan extremely bright outlookâ when it came to Energy production. He made similar arguments during his March 8 interview with Bream.
Wright also said the Trump administration would support suspending the 18-cent-per-gallon federal gasoline tax, following states like Utah, Indiana and Georgia, when asked about it by Welker.
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