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Wright Discusses Gas Prices and California Offshore Production on America's Newsroom

June 3, 2026 · U.S. Department of Energy · 0:04:36

Embedded from the source channel — never re-uploaded. Watch on YouTube

What happened

Energy Secretary Chris Wright joined America’s Newsroom on Fox News on June 3, 2026, according to the Department of Energy. Wright said the administration is solving what he called a 47-year-old problem of a nuclear-armed Iran, and argued that the bigger long-term problem for gasoline, electricity, and heating prices is Democratic green policies, as he stated it.

On prices, the segment noted an average gas price of $4.26, down from $4.45 a week earlier, as stated in the broadcast. Wright said the administration feels drivers’ pain, that its energy dominance agenda focuses on growing supply to push prices down, and that prices will come back down as the Iranian crisis ends — and be lower in the long run because, in his account, a heavily armed hostile Iran’s ability to disrupt energy markets will be massively reduced, as he stated it.

Asked why prices rise in the United States despite net-exporter status, Wright said energy is a global market: the U.S. exports much diesel and light crude while importing gasoline and heavier oil, as he stated it, adding that U.S. prices remain much lower than in Europe and Asia, as he stated it. He said he and Secretary Doug Burgum would travel to California to welcome a 20 percent increase in California oil production from an offshore platform, and that California gasoline costs about $2 a gallon more than the rest of the country, as he stated the figures.

Why it matters

The segment ties Wright’s short-term price account to a specific, checkable California claim — a 20 percent offshore production increase he said he and Burgum would mark in person — and to his global-market explanation for domestic prices.

Scoreboard watch

Wright stated that California offshore oil production would increase 20 percent from the platform discussed and that California gasoline ran about $2 a gallon above the rest of the country, as he stated them — checkable against production and price data.

Sources: U.S. Department of Energy, “Secretary Wright Joins America’s Newsroom on Fox News - June 3, 2026”, 2026-06-03 (official upload, embedded above; published 2026-06-03). Transcript via Supadata (private research store, paraphrased and attributed, not republished). All figures and characterizations as stated by the speakers.