President Trump called on the Justice Department to investigate large oil companies over elevated gasoline prices despite the cost of crude going down now that the Strait of Hormuz has been reopened.
“The big Oil Companies are not dropping their price at the pump commensurate with the sharply lower prices they are paying for Oil,” Trump declared on Truth Social. “Those prices are dropping like a rock! In other words, customers are being ‘gouged.’”
“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!”
Experts had claimed that it would take a few weeks for lower crude prices to trickle down to the gas pump.
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