Wright: ‘The best cure for high prices is high prices’
Summary
Energy Secretary Chris Wright said high energy prices would soon fall as U.S. production increases. He said the Trump administration is working with producers to restart closed fuel refineries and expand existing operations.Key Facts
- Chris Wright serves as energy secretary.
- Wright made the comments Tuesday in an interview on Fox Business’s “Big Money in the Morning.”
- Wright said higher U.S. production would help bring energy prices down.
- Wright said the administration is working with producers to restart closed fuel refineries.
- Wright said the administration is also working to expand established operations.
- Wright described his view of high prices as “the best cure for high prices.”
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