June 30, 2026

Treasury Secretary Joins Trump in Demanding Lower Gas Prices

Treasury Secretary Scott Bessent warns oil companies to lower prices, echoing Trump's demands for immediate reductions to around $2.50 per gallon.
Trump cites falling oil prices and threatens investigations into retailers not complying with his request.
The national average gas price is currently $3.85, down from $4.39 in May, but still higher than last year's Fourth of July prices.
A record-high 72 million travelers are expected during the upcoming holiday weekend, despite elevated gas prices.