Trump Asks DOJ to Look Into Gasoline Price ‘Gouging’
Trump said consumers are being gouged as GasBuddy data showed the national average for regular gasoline fell 14.1 cents last week.
- President Donald Trump instructed the Department of Justice to investigate oil companies for not lowering gasoline prices in line with falling crude oil costs, accusing them of 'gouging' customers.
- Gasoline prices in the U.S. have fallen for six consecutive weeks but remain significantly higher than before the Iran conflict, despite crude oil prices dropping substantially.
- Trump did not name any specific companies and stated that pump prices are not dropping proportionately to wholesale oil prices, which have fallen sharply.
52 Articles
52 Articles
Why aren’t gas prices falling? Trump wants answers.
President Donald Trump has instructed the Department of Justice to probe oil companies for not reducing their rates in line with falling costs. The president revealed this in a Truth Social post published late Wednesday in which he accused the companies of price gouging. “The big Oil Companies are not dropping their price at the pump commensurate with the sharply lower prices they are paying for Oil,” he wrote. “Those prices are dropping like a …
JUST IN: Trump Orders DOJ To Investigate Oil Giants For Gouging Americans
The recent move by former President Donald Trump to direct the Department of Justice to explore alleged price gouging by major oil companies underscores a growing frustration among American consumers grappling with high gasoline prices. Despite a notable decline in crude oil costs, gasoline prices at the pump remain stubbornly elevated. This disconnect has sparked concern and action from Trump, signaling his intention to hold corporations accoun…
Trump Instructs DOJ to Look Into Gasoline Prices
President Donald Trump said on Wednesday that he had instructed the Department of Justice (DOJ) to open an investigation into oil companies over high gasoline prices. In a Truth Social post, Trump said that oil companies have not lowered their prices at the pump despite a recent decline in crude prices following the U.S.–Iran preliminary agreement. “Those prices are dropping like a rock! In other words, customers are being ‘gouged,’” he said. “…
U.S. President Donald Trump said he instructed the Department of Justice to investigate major oil companies, accusing them of "exploring" consumers by not reducing gasoline prices in the pumps to the same extent as the fall in crude oil costs. Exclusive material for subscribers. To have full access, access the material link and register.
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