President Donald Trump says he has instructed the U.S. Department of Justice to investigate oil companies after alleging that gasoline prices at the pump are not falling as quickly as crude oil costs. In posts and remarks, Trump accuses major fuel companies of “gouging” customers, arguing that pump prices have not adjusted downward in line with changes in underlying costs. The reports describe the action as an “immediate” DOJ probe, framed as a response to what Trump presents as a lack of price relief for consumers. While the outlets focus on Trump’s claims and his request for a Justice Department review, they do not detail any specific legal theory, targets, or evidence beyond the general allegation that pump prices are not keeping pace with falling crude costs. The DOJ investigation, if pursued, would determine whether any laws related to competition, consumer protection, or pricing practices have been violated.
Trump orders DOJ probe into oil firms over gasoline prices
President Donald Trump says he has instructed the U.S. Department of Justice to investigate oil companies after alleging that gasoline prices at the pump are not falling as quickly as crude oil costs....
- Trump says he instructed the Department of Justice to investigate oil companies.
- The investigation is tied to Trump’s claim that gasoline pump prices are not dropping as crude costs fall.
- Trump accuses oil companies of “gouging” consumers.
- All sources attribute the statements to Trump and frame them as a DOJ probe into pricing behavior.
US President Donald Trump said on Wednesday that he has instructed the Department of Justice to look into oil companies for not lowering gasoline pump prices in line with falling crude costs, and accused the companies of "gouging" customers.
21 hours agoPresident Donald Trump said Wednesday that he had instructed the Department of Justice to immediately probe oil companies for not lowering gas prices at the pump in line with falling costs, accusing them of “gouging” consumers.
21 hours agoTrump accused major oil companies of 'gouging' Americans in a late-night Truth Social post, demanding the Justice Department investigate why gasoline pump prices have not fallen faster.
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