US & Canada Business Politics

Trump Orders DOJ Gas Price Probe

Trump Orders DOJ Gas Price Probe

President Trump instructed the Department of Justice to investigate why pump prices are not falling faster, accusing oil companies of 'gouging' consumers.

The move came as crude oil prices extended their decline, falling below $70 a barrel for the first time since early March.

Trump accused the industry of failing to pass on savings to drivers, despite the drop in crude.

The order injects further political tension into energy markets already roiled by the Iran conflict.

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Donald Trump
President of the United States (2017–2021; since 2025)
Petroleum industry
Activities linked to handling oil products