Justice Department urges states to probe possible gas price gouging

AI Summary

The US Justice Department has urged states to investigate potential gas price gouging amid political pressure as complaints rise about slow price decreases. Federal officials including Associate Attorney General Stanley Woodward Jr. and FTC Chair Andrew Ferguson have called for aggressive oversight of oil companies.

The Justice Department on Friday called on states to “use all tools available” to investigate whether oil companies and individuals are intentionally inflating gas prices amid complaints from President Trump that they are falling too slowly. Associate Attorney General Stanley Woodward Jr. and Federal Trade Commission (FTC) Chair Andrew Ferguson also informed state attorneys general…