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Chris Wright: “The world is abundantly supplied with oil and energy.”

Featuring: Chris Wright, Republican | Secretary of Energy | National

Energy Sec. Wright says 'good chance' but 'no guarantees' of cheaper gas soon: Full interview

Published March 15, 2026 | Video Starts at 09:34

If you were prepared, why is the Strait of Hormuz effectively closed right now? Because it's right near the Iranian shoreline. The world is abundantly supplied with oil and energy. We knew there would be a short term disruption in energy flows. And to hear Chuck Schumer say that we didn't is just so he knows how foolish that is. (09:34–09:38)

CLAIM

Asserts that there is an abundant global supply of oil and energy.

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Chris Wright

“Their navy's been destroyed, their air force has been destroyed, their long range missiles have been destroyed.”
Energy Sec. Wright says 'good chance' but 'no guarantees' of cheaper gas soon: Full interview | Uploaded March 15, 2026 | 02:06-02:14
“Russia's lost over a million men injured or killed in action in that battle.”
Energy Sec. Wright says 'good chance' but 'no guarantees' of cheaper gas soon: Full interview | Uploaded March 15, 2026 | 12:03-12:09
“Iran immediately going to impede flow through the Straits of Hormuz.”
Energy Sec. Wright says 'good chance' but 'no guarantees' of cheaper gas soon: Full interview | Uploaded March 15, 2026 | 00:40-00:46
“The President came out early on saying he expected the need for four to six weeks to completely defang Iran's military capabilities.”
Energy Sec. Wright says 'good chance' but 'no guarantees' of cheaper gas soon: Full interview | Uploaded March 15, 2026 | 01:52-02:02
“We've had allies in the Middle east that moved oil overseas before the conflict started.”
Energy Sec. Wright says 'good chance' but 'no guarantees' of cheaper gas soon: Full interview | Uploaded March 15, 2026 | 04:20-04:26
“We just announced yesterday, bringing on a meaningful amount of oil production in the state of California from offshore.”
Energy Sec. Wright says 'good chance' but 'no guarantees' of cheaper gas soon: Full interview | Uploaded March 15, 2026 | 04:26-04:34
“The United States is the largest oil producer in the world by far.”
Energy Sec. Wright says 'good chance' but 'no guarantees' of cheaper gas soon: Full interview | Uploaded March 15, 2026 | 05:29-05:38
“Since the conflict began, Iran has impeded flow through the Straits of Hormuz, and that is still the case today.”
Energy Sec. Wright says 'good chance' but 'no guarantees' of cheaper gas soon: Full interview | Uploaded March 15, 2026 | 06:15-06:22
“A meaningful part of [Asian nations'] total energy supplies come from the Straits of Hormuz.”
Energy Sec. Wright says 'good chance' but 'no guarantees' of cheaper gas soon: Full interview | Uploaded March 15, 2026 | 07:27-07:32
“We have to end Iran's ability to kill American soldiers, terrorize their neighbors, and continue to put global energy supplies at risk, as…”
Energy Sec. Wright says 'good chance' but 'no guarantees' of cheaper gas soon: Full interview | Uploaded March 15, 2026 | 07:42-07:55
“The United States is always in dialogue with the Chinese.”
Energy Sec. Wright says 'good chance' but 'no guarantees' of cheaper gas soon: Full interview | Uploaded March 15, 2026 | 08:12-08:16
“Opening the Straits of Hormuz is even more important for China than it is for the United States.”
Energy Sec. Wright says 'good chance' but 'no guarantees' of cheaper gas soon: Full interview | Uploaded March 15, 2026 | 08:20-08:26