President Donald Trump on June 30 demanded that gasoline retailers immediately lower prices at the pump, warning of “big problems” if they fail to pass along the benefits of falling crude oil prices to consumers.
In an early-morning post on Truth Social, Trump said gasoline prices remain too high while U.S. crude oil is trading at about $68 per barrel and the price is continuing to decline.
“Gasoline Retailers must get their Prices down, IMMEDIATELY!” Trump wrote.
He urged retailers to “start targeting around the $2.50 a Gallon number,” while accusing some stations of price gouging.
Trump said that if gas stations don’t lower prices at the pump, “big problems lie ahead.”…
Trump Warns Gasoline Retailers of ‘Big Problems’ if They Don’t Cut Prices
