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Trump energy secretary says gas prices might not drop back under $3 a gallon until 2027
(www.theguardian.com)
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this post was submitted on 19 Apr 2026
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politics
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There's been so much inflation that $3/gallon would be really cheap, even for gasoline in the US, by the standards of the last 20 years or so. A very arbitrary number to get stuck on.
US Average Gasoline Price Adjusted for Inflation
$4/gallon just isn't that high, not much out of line with the last ~15 years.
I think higher fuel prices could be the impetus for quite a lot of alternative energy, alternative transport, and electrification investment. I think if you believe that free markets work, you'd really have to agree.
They try to keep gas tacked to minimum wage in the US on purpose
If the poors can't drive to work the machine grinds to a halt.