Balgarianovinite.com
While taking questions in the Oval Office on Wednesday, President Donald Trump claimed he’s “doing a big investigation” into oil companies over high gas prices.
Appearing alongside NATO Secretary-General Mark Rutte, Trump was asked by an unnamed reporter about his recent calls for a Department of Justice investigation into these high prices across the U.S., which many experts attribute to the president’s war with Iran.
“It’s ExxonMobil, it’s Chevron, it’s, uh, Shell, it’s, uh, BP, it’s a lot of ’em,” the president said from the White House on Wednesday. “The gasoline, or the oil prices, have come down so much, and we are not seeing anything at the pump by comparison to what it should be. We should be, in my opinion, at $2.25 right now at the pump. And we’re higher than that, and we are doing a big investigation on it, yeah. They’re not reducing the prices commensurate with, uh, what’s happening.”
On Tuesday evening, Trump posted to Truth Social to slam “the big oil companies.”
“The big Oil Companies are not dropping their price at the pump commensurate with the sharply lower prices they are paying for Oil,” he wrote. “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.”
According to the American Automobile Association, the national average fell to $3.93 per gallon on Wednesday. Just one month ago, it was $4.51. Right before the start of the Iran war, it was $2.98.
Michael Noel, a professor of economics at Texas Tech University, told TIME of Trump’s negotiations timeline, despite the signing of a memorandum of understanding with Iran, “Until the markets are certain that this is really over, then we should not expect to see crude prices go back to where they were, because they’re always going to price in a probability that this is all just talk and we go straight back to war again.”
Watch the clip above via Fox News.
The post Trump Claims He’s ‘Doing a Big Investigation’ Into Oil Companies Over Gas Prices first appeared on Mediaite.
Trump Claims He’s ‘Doing a Big Investigation’ Into Oil Companies Over Gas Prices 2026 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2026-06-25 01:11:27 Latest news World news Country news Most important news latest news most important latest of the day Justice Petar Nizamov Feathers Petar Nizamov- Feathers Justice bg iustitia.bg iustitia iusticia usticia investigation Burgas Bulgaria news news of the last hour news of the day news of today Bulgaria news The news from Bulgaria blitz news top news most important most commented latest news Boyko Borisov news weather coronavirus news news weather facebook youtube facebook instagram news today news of the last minutes news today today news news bg news leading news hot news bg news site for news all news news bg news of the last hour latest latest news bg news of today news today news today news of the last hour latest news today news bg news news 24 hours news vesti bg novini news world bird bg bivol bg bivol trud bg novini latest news today novinite bg news hello bulgaria political party coat of arms delyan peevski scandalous Bulgarian National Television Free Europe Television scandal exclusive live tv live right now tv tv online tv program bg live now tv news online tv online live court Burgas court Burgas district court Burgas court Burgas district court Burgas district court Burgas appellate court Burgas prosecutor Burgas prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Prosecutor General Ivan Geshev Prosecutor Geshev Tsatsarov Ministry of Internal Affairs Burgas ODMR Burgas ODPR Burgas police Burgas district police Burgas prosecutor Tsatsarov SGS cases Varna court chairman of the SGS court decisions on civil cases decisions on cases Plovdiv court decision of the court decisions cases Varna court criminal cases district district court decisions work in the court SGS chairman of the SGS judges Sofia court post judges Plovdiv court Plovdiv judges Plovdiv Supreme Court Inspectorate Supreme Court Supreme Judicial Council lawyer lawyer criminal cases lawyer civil cases lawyer marriage cases lawyer administrative criminal law criminal process civil law civil process administrative law constitutional law