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Energy secretary: ‘I don’t want to have an opinion’ on rising gas prices

The Hill reports:

By Tara Suter

Energy Secretary Chris Wright on Sunday said he did not “want to have an opinion” on the direction of gas prices Americans are paying, which are above $4 per gallon on average at the pump in the U.S.

“You said on this show five months ago that high gas prices had peaked, but between not just the Iran war, but the Russia-Ukraine war and the U.S.’s own dwindling reserves, isn’t it possible gas prices could go up even more?” CNN’s Dana Bash asked Wright on “State of the Union.”

“Look, I don’t want to have an opinion on that, but if you look at the futures market right now, what can you buy gasoline for two months in advance from where we are today? It’s down more than 30 cents a gallon from where it is today,” Wright responded.

Bash pressed Wright further on the direction of gas prices, to which he responded that, “if I had to guess, they’re more likely to go down than go up.”

According to AAA, the average cost of a gallon of regular gas in the U.S. was about $4.15 on Sunday morning, up from about $3.20 last year at this time.

The Iran war, which recently hit the six-month mark, has driven up oil and gas prices as the Strait of Hormuz has been closed amid the conflict. The high gas prices have come alongside wider concerns about the American economy, spelling trouble for the president and his party as November’s midterms near.

President Trump has faced pressure over the war, tied to the conflict’s impact on affordability and its reported effects on the U.S. military’s munitions stockpiles.

On Wednesday, the president downplayed the war’s impact on Republican candidates.

“I don’t think it will be very much longer,” Trump said when asked about other Iranian targets the U.S. can hit.

“And I’m not affected by the election. Number one, I’m not running, but my party’s running, and I’m going to help my party. But I think my party respects the fact that we’re not allowing Iran to have a nuclear weapon.”

My comments:

WTF!!!

And I don’t use profanity even in abbreviations lightly! But Demented Donnie’s hand picked ENERGY SECRETARY CHRIS WRIGHT doesn’t want to have an opinion on ENERGY PRICES??? Are you kidding me?!?!?

Then what the ***censored*** are you doing in your job???? are you THAT incompetent? Are you THAT checked out???

Then RESIGN, YOU FOOL!!!

Even Brainworm Kennedy has an opinion (as stupid, deadly, and CLEARLY WRONG!) as it is about vaccines—and he’s certainly not afraid to say it!

RESIGN, WRIGHT, YOU ARE WORTHLESS!!!
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ArishMell · 70-79, M
If the effects of the war against Iran, and the Russo-Ukrainian war, on fuel prices are similar in the USA to what they are in the UK, I'm not suprised he won't be drawn on trying to predict them.

Even though he's paid to understand things like the shady world of futures-trading, which is effectively gambling by stock-market spivs.

I doubt anyone can, not least because no-one can safely predict / guess how and when either war will end.

The fuel prices go up and down like a yo-yo, but without that toy's regularity. All we can say is that these conflicts, and the money-traders exploiting their effects on international trade, have pushed up everyone's prices generally.

 
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