Wright on gas prices: 'I can't make any predictions'
Key takeaways
- I can t make any predictions about… oil prices or gasoline prices.
- After the main military operations have ceased, now we re in a negotiating period, Wright added.
- On March 15, Wright was optimistic about gas prices being below $3 by the summer.
Why this matters: political developments that affect policy direction and public trust.
I can t make any predictions about… oil prices or gasoline prices. The military part of the conflict took about what we expected, Wright told host Kristen Welker on NBC s Meet the Press, referring to the war with Iran.
After the main military operations have ceased, now we re in a negotiating period, Wright added. We re using economic leverage against Iran, and this regime is trying to cling on to their nuclear program, so obviously this part of the conflict has gone a little longer.
On March 15, Wright was optimistic about gas prices being below $3 by the summer. Three days prior, the average price of a gallon of regular gas was nearly $3.60, an increase of more than $0.65 relative to a month prior, according to AAA.