Energy Secretary Wright on Diesel Shortage, Gas Prices, Oil Shipping

Bloomberg Television5 hours ago43:02

US Energy Secretary Chris Wright talks about the sharp rise in diesel and gasoline prices and what the Trump administration is doing to bring them down. He also talks about converting dark fleet ships into legitimate oil tankers. He speaks to Bloomberg's Annmarie Hordern at a Citadel Securities event in New York. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts 0:00 Constitution pipeline update 2:15 Defense Production Act usage 4:22 Short-term energy strategies 7:10 Geopolitical and regulatory 9:44 Conflict zones and oil supply 13:42 Dark fleet tanker conversion 16:50 Saudi Arabia and Houthi threats 20:24 Russia, Ukraine, and energy 26:25 Data center community backlash 29:27 Renewables and energy diversity 33:02 Nuclear energy and AI expansion 36:39 Permitting reform importance 38:09 Long-term energy policy goals

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