US Energy Secretary Chris Wright delivered a cautious forecast on Sunday, suggesting that petrol prices are set to decline in the near future, though he refrained from offering any firm or specific guarantees. At a time when retail fuel costs at American pumps have hit record highs for the Labor Day weekend, and with the midterm elections less than two months away, the timing of his remarks drew added attention. During a series of Sunday political talk show appearances, he noted that diesel prices, which have broader implications for the wider economy, have also reached unprecedented levels. "I believe that a downward trend in oil prices is a reasonable expectation," he stated on one such program, echoing the sentiment across other interviews. Wright pointed out that, historically, petrol demand in the US tends to taper off after Labor Day as the traditional summer driving season winds down. "Fuel production is poised to increase, while demand is set to decrease," he explained. "So, if one were to make a call on this, the odds favor a drop in prices rather than a rise."