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Trump urges gasoline retailers to lower prices
Other countries
- 30 June, 2026
- 09:45
US President Donald Trump said on Monday gasoline retailers must get prices down immediately and warned that there will be "big problems" ahead if they did not do so, Report informs via Reuters.
"Gasoline Retailers must get their Prices down, IMMEDIATELY," Trump wrote on Truth Social.
"There will be no gauging, which is totally illegal. If Retailers don't do this, big problems lie ahead! Start targeting around the $2.50 a Gallon number," he wrote.
Last week, Trump said he has instructed the Department of Justice to look into oil companies for not lowering gasoline pump prices in line with falling crude costs, accusing the companies of "gouging" customers.
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