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Trump directs DOJ to investigate oil companies over gas price gouging allegations

By

Yuliya Talmazan

2h ago· 2 min readenNews
politicsbusiness

Summary

President Donald Trump accused major oil companies of price gouging at the pump despite falling oil prices, and announced he has instructed the Justice Department to launch an investigation. The late-night Truth Social post did not name specific companies but claimed consumers are being overcharged while oil costs drop sharply.

Source

bskyTrump directs DOJ to investigate oil companies over gas price gouging allegationsnbcnews.com

Key quotes

· 3 pulled
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.'
I have instructed the DOJ to...
Snippet from the RSS feed
President Donald Trump said Wednesday that he had instructed the Justice Department to immediately probe oil companies for not lowering gas prices at the pump in line with falling costs, accusing them of “gouging” consumers.

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