President Donald Trump on Tuesday 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 despite U.S. crude oil trading at about $68 a barrel and continuing to decline.
“Gasoline Retailers must get their Prices down, IMMEDIATELY!” Trump wrote. “They’re too high considering that Oil is now at $68 a Barrel, and heading south.”
He urged retailers to “start targeting around the $2.50 a Gallon number,” while accusing some stations of price gouging….
Trump Warns Gasoline Retailers of ‘Big Problems’ If They Don’t Cut Prices
