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Posted on 04/21/2026 3:41:30 PM PDT by CondoleezzaProtege
President Donald Trump pushed back Monday on his own energy secretary's claim that a return to $3-a-gallon gas will not come through the end of the year.
"No, I think he’s wrong on that, totally wrong," Trump told The Hill on Monday, when asked about Energy Secretary's Christopher Wright's interview with CNN's "State of the Union" on Sunday.
Trump remains steadfast in his conviction that gas prices in America are going to drop precipitously "as soon as this ends," referring to the oil blockade in the Strait of Hormuz...
"The blockade is very powerful, very strong," Trump added to The Hill, pointing at Iran's obstruction effort. "They lose $500 million a day with the blockade up. We control it. They don’t control it."
Wright's comments were not all that unaligned with Trump's position, but Wright was a bit less convicted on prices on when gas might drop below $3 again.
"I don't know, that could happen later this year, that might not happen until next year, but prices have likely peaked and they will start going down," Wright told CNN's Jake Tapper, who asked further that gas "might not be under $3 a gallon until 2027?"
"Certainly, with a resolution of this conflict, you will see prices go down," Wright added. "Prices across the board on energy prices will go down."
(Excerpt) Read more at foxbusiness.com ...
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If you look at his actual comments, he is not that much in disagreement with, let alone contradicting, President Trump. Sounds like a lot of pot stirring by the media. The guesstimate of when the price of gas going doing isn’t official policy, it’s anybody’s educated guess at this point. Only time will tell. It’s already gone down a few cent’s where I’m at.
Trump is wrong. Earliest we see $3 gas again is October, maybe late September....maybe never.
Profit margins are tiny. Retailers operate at a LOSS when oil price goes sky high, because the market will not bear the REAL cost of gas. Same thing happened after 2009, when producer prices were showing in 8% inflation as the CPI was showing just under 4% inflation, with Bernanke Fed at 0% & buying up all Obama’s massive debt, like Powell bought up all that Democrat governor Covid shutdown debt, enabling Democrats to use shutdowns to extort the 2020 election.
Once the price of oil falls again,retailers recoup losses by very slowly lowering their prices. Trump is a buffoon. Face it. He wants to be messiah and forgot about America-first. The real president is Sean Hannity, bibi’s best buddy.
Iraq should have been liquidated as a country. Maybe Iran can be sliced up and given away
⛽ is just a primary interface of Trumperville:
Hooverville
* Trumperville
* Bidenville
* O-ville
* Bushville
* Clinton NAFTA-ville
All Big Government Globalists
Unfortunately Reagan the only real president, had Tip O-Neil
Enjoy paying Big Money in basic everyday goods and services, with this 30 Trillion dollar Big Un-Big Beautiful Golden Parachute Bill.
Eg, try paying for example a basic R&R auto service, or paying for something like a basic garage spring, plumbing, rent, property taxes, rigged insurance, food, heating fuel, ⛽, etc
30 Trillion Spill Protection Racket
Young men can’t have a family with an at home wife. Rare. ✖️
Try removing the soily pants Presidential Working Groups on Financial Markets, and watch what happens.
$.4.09 today at Ccstco in Phoenix, ie the cheapest
I do not agree that Reagan was great. He appointed Greenspan. His 1988 tax reform was soon followed by recession, was not popular with people, was not fair......and was far too STEEP.....with the 28% tax bracket kicking in at under $100,000 income, near the payroll tax cap. .....and it lasted only two years, then was obliterated in 1993.....
Reagan kept us out of war and believed in a strong, stable dollar, but his trade and amnesty policy was not good.
He had a 20% capital gains tax rate until 1988, then raised it to 28%. Clinton cut that 28% capital gains rate to 20% again, and economy boomed like Reagan’s first term after recession ended and into second term.....balancing the budget. Was the Reagan 1986/1988 tax reform worth it? No. There were better ideas and still are.
The Shell Station near my house is 3.75 regular
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