Trump Energy secretary stumbles over his words when confronted by CNN host about Iran
President Donald Trump's energy secretary stumbled over his words when CNN's Kate Bolduan challenged him on global oil disruptions caused by the war in Iran.
Oil tankers are unable to pass through the crucial Strait of Hormuz due to the threat of Iranian drones, missiles and mines, and the price of oil has surged past $100 a barrel, but Energy Secretary Chris Wright insisted on "CNN News Central" that Americans should be willing to shoulder the burden of higher gas costs.
"We're going through short-term energy disruption for justhuge long-term gain," Wright said. "You'reseeing Iran's behavior, they're attacking every country."
"Could that mean $200 a barrel?" Bolduan interrupted.
"I, um, I would say unlikely, butwe are focused on the militaryoperation and solving a problem," Wright stammered. "I'm not going to guess on short-term trading. That's based onpsychology more than flows ofoil. The world is very wellsupplied with oil right now. Thanks to President Trump'sleadership, we're by far and awaythe world's largest oilproducer, by far and away theworld's natural gas producer.Both of those are growing. Weare, we have been moving into anage of energy security, andwe're fixing the huge overhangon global energy security, whichis Iran's behavior and Iran'sarsenal."
After their discussion, co-host John Berman reacted to the secretary's remarks.
"I've got to say a fascinatingdiscussion," he said. "One of the firstuses of short-term sacrificeI've heard from anadministration official. Also,the idea that oil could reach$200 a barrel, unlikely, he said."
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