Trump Calls for Probe Into U.S. Gasoline Prices After Oil Falls - WSJ
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President Trump has instructed the Justice Department to investigate major oil companies for allegedly overcharging consumers at the pump despite sharp declines in crude oil prices. U.S. gasoline prices have fallen to $3.928 per gallon nationally, down from $4.515 a month earlier.
Trump Calls for Probe Into U.S. Gasoline Prices After Oil Falls - WSJ
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https://www.wsj.com/business/energy-oil/trump-calls-for-lower-gasoline-prices-as-oil-falls-95080195
1. Business
2. Energy & Oil
Trump Calls for Probe Into U.S. Gasoline Prices After Oil Falls
Global oil prices are retreating on optimism over improved shipping conditions through the Strait of Hormuz
By
Giulia Petroni
---
!People pumping gas in Washington, D.C. amid rising gas prices.
*U.S. gasoline prices have eased from recent highs. The national average stood at $3.928 per gallon on Wednesday, down from $4.515 a month ago.
Annabelle Gordon/Reuters*
President Trump said he instructed the Justice Department to look into major oil companies, accusing them of “gouging” customers by not lowering gasoline pump prices in line with falling crude costs.
“The big Oil Companies are not dropping their price at the pump commensurate with the sharply lower prices they are paying for Oil,” Trump said in a social-media post early on Wednesday. “In other words, customers are being ‘gouged,’” he wrote. He didn’t name specific companies.
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This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by
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https://www.wsj.com/business/energy-oil/trump-calls-for-lower-gasoline-prices-as-oil-falls-95080195
1. Business
2. Energy & Oil
Trump Calls for Probe Into U.S. Gasoline Prices After Oil Falls
Global oil prices are retreating on optimism over improved shipping conditions through the Strait of Hormuz
By
Giulia Petroni
---
!People pumping gas in Washington, D.C. amid rising gas prices.
*U.S. gasoline prices have eased from recent highs. The national average stood at $3.928 per gallon on Wednesday, down from $4.515 a month ago.
Annabelle Gordon/Reuters*
President Trump said he instructed the Justice Department to look into major oil companies, accusing them of “gouging” customers by not lowering gasoline pump prices in line with falling crude costs.
“The big Oil Companies are not dropping their price at the pump commensurate with the sharply lower prices they are paying for Oil,” Trump said in a social-media post early on Wednesday. “In other words, customers are being ‘gouged,’” he wrote. He didn’t name specific companies.
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Continue reading your article with
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Subscribe Now
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Source: Wall Street Journal
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