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Oil extends decline as Trump accuses oil firms of 'gouging' consumers
CNBC· 2026-06-24 13:09
"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!," Trump wrote in a Truth Social post. "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!," he added. Karen Young, a senior research scholar at the Columbia University Center on Global Energy Policy, descr ...