June 25, 2026
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5:53Now PlayingTrump launched a war in the Middle East, helped choke off the Strait of Hormuz, watched gas prices spike, and now wants Americans to believe Big Oil is the real villain because prices are not falling fast enough for his political needs. The oil lobby itself had to explain that pump prices do not drop in perfect sync with crude after a global supply shock, especially when the disruption was created by the president’s own decisions. Instead of owning the consequences, Trump is once again treating the Justice Department like a personal enforcement squad for anyone who makes him look bad. Ring of Fire's Josh G. discusses.
Reuters, Trump calls for probe into gasoline price “gouging,”
Politico, Trump accuses oil companies of gouging drivers, orders DOJ to investigate,
Axios, Trump threatens DOJ probe of oil companies,
The Guardian, Trump says he’s ordered investigation into oil companies over alleged price gouging,
Truth Social, Donald J. Trump post on gas prices and the DOJ,
Barron’s, Trump calls for lower gasoline prices as WTI oil falls below $70 a barrel,
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