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Energy Secretary Chris Wright says gas prices have peaked

newsApr 21, 2026151,802

Energy Secretary Chris Wright told lawmakers Tuesday that gasoline prices "appeared to have peaked" after a surge tied to the Iran war. He delivered the comment during a congressional hearing where senators pressed him on drivers of recent price volatility. When Sen. Martin Heinrich asked whether prices might stay above $3 per gallon until 2027, Wright said, "I don't know the future of energy prices." Sen. Ron Wyden challenged one of Wright's cost-saving examples, calling it "fiction" during the exchange.

Key Highlights

Chris Wright said gasoline prices "appeared to have peaked" after Iran-linked surge
Wright told senators he "doesn't know the future of energy prices"
Sen. Ron Wyden called Wright's cost-saving example "fiction"
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