Gas Prices May Drop, But War Impacts Linger
Raleigh News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Energy Secretary Chris Wright offers a glimmer of hope on gas prices, suggesting they could drop below $3 a gallon by summer. However, he warns of no guarantees during wartime. Prices remain high nationwide, with California seeing over $5.50 and Kansas around $3.13. The conflict has caused market turmoil, with the S and P 500 down 3.5% and energy stocks like Exxon Mobil and Chevron rising. Irans threats to drive oil to $200 are dismissed. Thousands have died in the fighting, with tensions escalating in Iraq.
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