Trump Orders Gas Price Gouging Probe

🇺🇸 Oilprice.com (US) —
Trump Orders Gas Price Gouging Probe

AI Summary

Former US President Trump directed a probe into alleged gas price gouging by oil companies, suggesting prices at the pump are not decreasing in line with falling crude oil prices. The Department of Justice was instructed to investigate these claims urgently.

President Trump has ordered an investigation into possible price gouging at fuel stations, an investigation he announced in a social media post. “The big Oil Companies are not dropping their price at the pump commensurate with the sharply lower prices they are paying for Oil. Those prices are dropping ‌like a rock! In other words, customers are being "gouged",” Trump wrote. “I have instructed the DOJ to immediately start looking into this. Gasoline prices better start going down a lot faster than what I’m seeing!”…

Politics Markets Energy gas prices price gouging oil companies Trump investigation US Department of Justice

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