High Gas Prices Will ‘Benefit’ Those Who Access EVs, Buttigieg Says

High Gas Prices Will ‘Benefit’ Those Who Access EVs, Buttigieg Says
U.S. Secretary of Transportation Pete Buttigieg gives a live interview to the news media outside of the White House in Washington, on Oct. 13, 2021. Leah Millis/Reuters
Andrew Moran
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Transportation Secretary Pete Buttigieg touted the benefits of electric vehicles as a solution to higher gasoline prices during a July 19 House Transportation and Infrastructure Committee hearing.

In an exchange with Rep. Carlos Giménez (R-Fla.), Buttigieg reiterated his position that the elevated cost of gasoline will create a greater benefit for consumers who are able to purchase electric cars (EV).

Andrew Moran
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
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