Gas prices may not drop below $3 a gallon until next year: Energy Secretary Wright
Energy Secretary Says Gas Prices May Stay Above $3 Until 2027 (nytimes); Chris Wright reveals when gas prices will to drop below $3 a gallon— says Iran War price hikes 'peaked' (nypost)
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This story is connected to REFINER Act — legislation your representatives will vote on.
H.R.3109 · 119th Congress
REFINER Act
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What H.R.3109 actually does
This story is about the Energy Secretary saying gas prices would stay above $3 a gallon until 2027 and contrasting earlier predictions. This bill would require the Department of Energy to direct the National Petroleum Council to publish a report on U.S. petrochemical refineries with analyses and recommendations to increase capacity.
If passed, it would:
- Direct DOE to task the National Petroleum Council with a U.S. refinery report • Require analyses, projections, and recommendations to expand refinery capacity.
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