U.S. Energy Sec says gas prices have likely peaked, but won’t go below $3 until 2027. Trump says he’s ‘totally wrong’ about the timeline
Fortune
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The war could end in just a couple of weeks, says Energy Secretary Chris Wright, but it could take months for prices to go down.
Trump invokes Defense Production Act
- Trump signs memos to boost US fossil-fuel production for ‘defense readiness’ The Guardian —
- Trump signs orders to boost domestic energy production via Defense Production Act Washington Examiner —
- Trump invokes Cold War law in move to boost energy supply Axios —
- Trump invokes Cold War-era Defense Production Act to fund new energy projects Seeking Alpha —
- Trump invokes wartime powers to fund new energy projects The Straits Times —