“I Have Instructed The DOJ To Immediately Start Looking Into This” – Trump Calls For Price Gouging Probe Over Gas Prices

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Donald Trump said prices at the pump should be falling more quickly.

Trump said the prices at the pump are not dropping “commensurate with the sharply lower prices they are paying for Oil.”

Trump said, “customers are being gouged.”

He also instructed the DOJ “to immediately start looking into this.”

Truth Social:

The big Oil Companies are not dropping their price at the pump commensurate with the sharply lower prices they are paying for Oil. Those prices are dropping like a rock! In other words, customers are being “gouged.” 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! President DJT

International benchmark Brent crude futures for August fell all the way to $75.81 per barrel.

That is the lowest level since February 27th.

CNBC reported:

Oil extended losses on Wednesday as concerns over potential supply disruptions eased, while investors monitored developments in the strategically vital Strait of Hormuz.

International benchmark Brent crude futures for August fell 1.7% to $75.81 per barrel, notching its lowest level since Feb. 27, a day before the start of the U.S. and Israeli-led war against Iran.

U.S. West Texas Intermediate futures for August were last seen 1.6% lower at $72.02 per barrel.