US Energy Secretary Wright on Fuel Prices, Iran and Venezuela Production

US Energy Secretary Chris Wright says the surge in fuel prices is being driven less by crude itself than by a shortage of refining capacity. Speaking on "Balance of Power: Evening Edition," Wright also says the Trump administration intends to expand US refining capacity and expects gasoline prices to ease in the coming weeks, though he calls diesel a bigger challenge. (Source: Bloomberg)

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US Energy Secretary Wright on Fuel Prices, Iran and Venezuela Production

rss:bloomberg-politicsus_mainstream20d ago kagi ↗

US Energy Secretary Chris Wright says the surge in fuel prices is being driven less by crude itself than by a shortage of refining capacity. Speaking on "Balance of Power: Evening Edition," Wright also says the Trump administration intends to expand US refining capacity and expects gasoline prices to ease in the coming weeks, though he calls diesel a bigger challenge. (Source: Bloomberg)