Wright says US gas prices more likely to go down than up
XLE•Wright sees gasoline prices easing
Sept. 6 (Reuters) - U.S. Energy Secretary Chris Wright said in an interview aired on Sunday that if he had to take a guess, he would say gasoline prices were more likely to go down than up.
"We are hitting the end of the summer driving season. The Trump administration has changed blending requirements for American refiners, which allows them to produce more gasoline, just as demand for gasoline is about to start heading down," he told CNN.
