Energy Sec. Granholm says gas prices will be 'rough' this summer, despite previously laughing them off
Fox News
U.S. Secretary of Energy Jennifer Granholm said on CBS News Wednesday evening that it's going to be a "rough" summer for drivers due to record high gas prices.
Jessica Chasmar is a reporter for Fox News Digital. Story tips can be sent to Jessica.Chasmar@fox.com and on Twitter: @JessicaChasmar.
"Yeah, this summer is going to be rough," she responded. "I'll just be honest with you. The Energy Information [Administration], which is the entity that projects forward the price of gas the price of oil, has said that by the fall, it should be down to $4.27 a gallon, and by late this year, early next year, it'll be down to 4 maybe under 4, maybe high $3 a gallon."
"So there will be some relief on the horizon, but during the summer driving season, it is going to be rough, no doubt about it because we have such a demand and supply mismatch on the global market for oil," she added.
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