Energy Secretary Chris Wright says Trump was
Washington — Energy Secretary Chris Wright said Sunday that President Trump was "well aware of the risks to energy flows" before launching the war in Iran earlier this year, but argued "the world cannot sustain a nuclear-armed Iran."
Americans have been feeling the financial squeeze of soaring gas and diesel prices in recent months. But the Trump administration has pointed to the potential threat a nuclear-armed Iran could pose, and how it could represent a long-term threat to energy prices. Wright defended the president on Sunday, arguing that Mr. Trump has taken a "strong stand that Iran, the world's greatest terrorist regime, cannot and will not have nuclear weapons."
"Diesel prices have been going down, gasoline prices have been going down," Wright said. "I expect that to continue."
"You should see it below $6 before too long," he said. "But exactly when, I certainly don't know that."
Wright said "everything we're doing is to grow the supply of diesel, to grow the supply of gasoline, and frankly, again, to reverse years of policies that have been directed exactly the opposite-to shrink our ability to produce, refine, and deliver hydrocarbons."
The energy secretary said securing the agreement from the Group of Seven countries last week to release 100 million barrels of fuel over four months is a "big deal." He called it "common sense" and said it will drive diesel prices down in the U.S. and around the world through the winter.
Asked whether the president has ruled out an export ban on diesel, which Wright has opposed, Wright said "every day" Mr. Trump has been "throwing out ideas," and the president remains engaged in discussions.
Wright added, "It's just a constant dialogue about the many levers we have, how can we drive down diesel prices and drive down gasoline and other prices along with it?"
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- Washington — Energy Secretary Chris Wright said Sunday that President Trump was "well aware of the risks to energy flows" before launching the war in Iran earlier this year, but argued "the world cannot sustain a nuclear-armed Iran."
- Americans have been feeling the financial squeeze of soaring gas and diesel prices in recent months. But the Trump administration has pointed to the potential threat a nuclear-armed Iran could pose, and how it could represent a long-term th
- "Diesel prices have been going down, gasoline prices have been going down," Wright said. "I expect that to continue."
- "You should see it below $6 before too long," he said. "But exactly when, I certainly don't know that."
- Wright said "everything we're doing is to grow the supply of diesel, to grow the supply of gasoline, and frankly, again, to reverse years of policies that have been directed exactly the opposite-to shrink our ability to produce, refine, and