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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.
United States Department of Justice Civil Rights Division
Federal institution
Federal institution
Petroleum industry
Activities linked to handling oil products
Activities linked to handling oil products