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Energy Secretary Chris Wright offered a cautious read on the gasoline price outlook Sunday, telling three network programs he thinks prices are more likely to fall than rise but declining to commit to any firm prediction.
regular gasoline averaged $4.15 per gallon on Sunday, per AAA data, the highest Labor Day weekend level on record.
Diesel prices, which feed through into broader economic costs, are also at all-time highs, amplifying the political stakes with midterm elections less than two months out.
Wright appeared on CBS's "Face the Nation," CNN's "State of the Union," and ABC's "This Week," running through the same supply-demand thesis on each.
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