Energy Secretary Chris Wright said gas may not fall below $3 per gallon until next year, but Trump told reporters Monday he thinks Wright is 'totally wrong' and prices will drop once the Iran war ends. Gas prices have surged to $4.05-$4.10 per gallon from $2.98 before the Iran conflict in February. Economist Justin Wolfers warned that uncertainty around the Strait of Hormuz is pushing long-term price expectations higher through 2027, suggesting Wright's optimism may already be outdated.