Trump Energy Secretary Says Gas Prices May Stay Above $3 Until 2027

**TL;DR**: Energy Secretary Chris Wright said U.S. gasoline prices may not fall below $3 per gallon until 2027. This outlook conflicts with Donald Trump’s 2024 campaign promise to push prices under $2 a gallon.

Context: After the U.S. and Israel launched strikes on Iran in late February, Tehran twice closed the Strait of Hormuz, cutting a key oil route. Prices rose from about $2.98 a gallon before the conflict to nearly $4 a gallon by April. The administration has linked any price relief to a resolution of the Iran war.

Key Facts: Wright told CNN’s Jake Tapper that gas prices could stay above $3 through 2027, though he earlier suggested a summer drop was possible. Trump had pledged during his 2024 run to bring gasoline below $2 a gallon, claiming it would lower electricity, grocery, airfare, and housing costs. An NBC survey of over 32,000 adults found roughly 67‑68% disapprove of Trump’s handling of the Iran war and domestic inflation.

What It Means: The gap between the administration’s forecast and the campaign promise highlights a credibility risk for voters concerned about living costs. High fuel prices feed into broader inflation, affecting sectors Trump said would benefit from cheaper energy. Public disapproval, as shown in the NBC poll, suggests sustained pressure on the administration to deliver tangible relief.

Watch next: Whether a diplomatic or military de‑escalation in Iran occurs, and how the administration adjusts energy policy to influence pump prices.