Trump instructs DOJ to probe oil companies over higher gasoline prices

Published 24 Jun, 2026 10:10am 1 min read

US President Donald Trump said on Wednesday ​that he has instructed ‌the Department of Justice to look into oil companies ​for not lowering 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.

Those prices are dropping ‌like ⁠a rock! In other words, customers are being “gouged,” Trump said in a ​post ​on Truth ⁠Social.

“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!

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