Trump Urges DOJ Investigation Into Rising Gas Prices
WHO:
Bloomberg Markets - President Trump has ordered the Department of Justice to investigate gasoline prices.
WHAT:
ABC News - Trump stated that the Department of Justice will "immediately" start looking into price gouging at the gas pump.
CNN - Trump stated, “The big Oil Companies are not dropping their price at the pump commensurate with the sharply lower prices they are paying for Oil,” and emphasized, “Gasoline prices better start going down a lot faster than what I’m seeing!”
NBC News - Trump stated that he has instructed the Department of Justice to investigate oil companies for not lowering gas prices at the pump, accusing them of “gouging” consumers in a late-night social media post.
NY Post - Trump accused oil companies of "gouging" customers for not lowering gasoline pump prices in line with falling crude costs.
Bloomberg Markets - Trump stated that gasoline prices are not falling fast enough and has called for an investigation into potential price gouging.
WHERE:
Bloomberg Markets - The investigation will involve the Department of Justice, which operates at the federal level across the United States.
WHY:
Bloomberg Markets - Trump is concerned about the rising gasoline prices and believes that an investigation is necessary to address the issue of price gouging.
HOW:
Bloomberg Markets - The investigation will be conducted by the Department of Justice as directed by Trump.
(UPDATED June 24, 2026 19:32 UTC)
Trump announced that the Department of Justice will "immediately" begin investigating price gouging at the gas pump. This statement came during a press briefing earlier today. The move aims to address rising concerns over fuel prices affecting consumers.
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(UPDATED June 24, 2026 15:49 UTC)
Trump criticized big oil companies for not lowering gas prices at the pump in line with the significantly reduced costs they are paying for oil. He expressed his frustration, stating, “Gasoline prices better start going down a lot faster than what I’m seeing!” This statement highlights his concerns about the current pricing trends in the fuel market.
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(UPDATED June 24, 2026 13:42 UTC)
Trump announced that he has directed the Department of Justice to investigate oil companies for their failure to lower gas prices at the pump. In a late-night social media post, he accused these companies of "gouging" consumers. This move comes amid ongoing concerns over rising fuel costs affecting everyday Americans.
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(UPDATED June 24, 2026 11:54 UTC)
Trump has accused oil companies of gouging customers by not lowering gasoline pump prices, despite a drop in crude costs. He made these remarks earlier today, highlighting the disconnect between crude oil prices and what consumers are paying at the pump. This accusation comes as many drivers continue to feel the pinch at the gas station.
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(UPDATED June 24, 2026 10:06 UTC)
President Trump has directed the Department of Justice to investigate gasoline prices, expressing concern that they are not decreasing quickly enough. He has raised the possibility of price gouging and believes that a thorough investigation is necessary to tackle this issue. The Department of Justice will carry out this investigation at the federal level across the United States.