Trump predicts when gas prices will go down
Digest more
Gas prices have stabilized over $4 per gallon since the temporary ceasefire in the U.S-Iran War. But talks to produce a longer peace deal have failed.
"We should be doing that all the time. Energy's essential for people's lives but we should conserve it," a Chevron executive said.
Stephen Schork, a former commodities trader, says he sees gas prices rising as high as $5 a gallon as pent-up demand hits refineries this summer.
18hon MSN
Bessent warns gas stations that Treasury Dept will keep them 'honest' after spike in prices
Scott Bessent warns gas stations that raised prices amid oil supply fears, saying Treasury will watch to ensure prices drop as conditions improve.
May Nymex natural gas (NGK26 ) on Wednesday closed up +0.011 (+0.42%). Nat-gas prices posted modest gains on Wednesday, as the selloff over the past month has led to oversold conditions that prompted some technical short-covering.
A majority of U.S. voters say President Donald Trump is responsible for rising gas prices as his overall job approval rating continues to lag, according to a new national poll released Wednesday. The Quinnipiac University survey found 65% of voters blame Trump at least in part for recent increases at the pump,
Secretary of the Treasury Scott Bessent told reporters Wednesday that gas prices may not drop below $3.00 a gallon until