No. of Recommendations: 9
President Trump said early Wednesday morning that he has directed the Department of Justice (DOJ) to “immediately” open an investigation into alleged gas price gouging at the pump amid economic strains resulting from the Iran war.
“The big Oil Companies are not dropping their price at the pump commensurate with the sharply lower prices they are paying for Oil,” the president wrote on Truth Social. “Those prices are dropping like a rock!
“In other words, customers are being ‘gouged,’” he continued. “I have instructed the DOJ to immediately start looking into this. Gasoline prices better start going down a lot faster than what I’m seeing!”https://thehill.com/homenews/administration/593784...I mean, sure, this is part of the posturing that government officials do when their policies have the
undesired effect of driving up prices. You always open up the price-gouging investigations. Still, though, it doesn't seem like Trump is willing to endure high oil and gas prices just to keep Big Oil happy. This is a pretty clear signal that he wants
them to earn less money so he doesn't have to deal with the fallout of unhappy consumers.
