Trump Official Gives Update on When $3 Gas Could Return
Summary
Treasury Secretary Scott Bessent said gas prices in the U.S. could go down to around $3 per gallon sometime between June and September. He explained that the price drop depends mainly on how talks with Iran progress amid the current conflict in the Middle East.Key Facts
- Current U.S. gas prices are above $4 per gallon due to the war in the Middle East.
- Secretary Bessent expressed hope that gas prices will have a "3" in front of them by summer.
- The return to $3 gas depends largely on negotiations with Iran.
- The statement was made during a White House press briefing on Tax Day.
- The situation is still developing, and further updates are expected.
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