'We should be at $2.25 at the pump': Trump says Exxon, Chevron, Shell and BP are price gouging drivers. Do you agree? [View all]
President Donald Trump is accusing major oil companies of keeping gasoline prices artificially high despite a sharp drop in crude oil prices, saying American drivers are being "gouged" and calling on the Department of Justice (DOJ) to investigate.
"The big Oil Companies are not dropping their price at the pump commensurate with the sharply lower prices they are paying for Oil," Trump wrote Wednesday on Truth Social (1). "Those prices are dropping like a rock! In other words, customers are being 'gouged.'"
Trump said he had instructed the DOJ to "immediately start looking into this," adding, "Gasoline prices better start going down a lot faster than what I'm seeing!"
The comments come as wholesale oil prices have largely retreated to where they traded before the recent conflict with Iran, while prices at the pump have remained comparatively elevated.
https://finance.yahoo.com/energy/articles/2-25-pump-trump-says-131500941.html
"We should be at $2.25 at the pump else I'm in deep shit." Fixed it for you Donny.
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