← Back to news
June 24, 2026
Trump Orders DOJ to Investigate Oil Companies Amid Continued High Gas Prices
- President Donald Trump has reiterated his instruction to the Department of Justice to investigate oil companies for not lowering gas prices despite a drop in crude oil costs.
- Trump claims consumers are being 'gouged' as gas prices remain high, with the national average currently at $3.93 per gallon, down from $4.52 a month ago.
- Experts warn that even with easing prices, it may take months for fuel costs to stabilize to pre-war levels, with estimates suggesting a return to those prices could take years.
5 Sources
- US to probe petrol price gouging claims, Trump saysJun 24, 2026 at 7:09 AM · BBC
- Trump calls for DOJ probe into gas price ‘gouging’Jun 24, 2026 at 8:50 AM · NBC
- Trump Calls for Investigation Into Gasoline ‘Price Gouging’Jun 24, 2026 at 11:34 AM · Today
- Trump says he ordered DOJ to probe gas price 'gouging'Jun 24, 2026 at 1:03 PM · The Hill
- So it’s not under $2? Trump loses it in late-night post about high gas prices he promised would dropJun 24, 2026 at 1:04 PM · Independent