Axios reported that Energy Secretary Chris Wright said that lower gasoline prices would not be an unreasonable expectation, but he did not offer a precise forecast. Speaking on CBS's Face the Nation and CNN's State of the Union, he noted that U.S. gasoline demand typically eases after Labor Day as the summer driving season ends while refinery output is expected to rise. He also pointed to administration steps aimed at relaxing certain environmental requirements for summer gasoline blends and cited expectations for lower gasoline futures in the months ahead.

On Sunday, U.S. regular gasoline averaged $4.15 per gallon according to AAA data, while diesel prices remain near record highs. Crude oil was trading near a six-week high, with the global benchmark above $96 per barrel at Friday's close.