US President Donald Trump demanded an immediate reduction in gasoline prices in the country. According to him, if fuel sellers are artificially keeping prices high, they may face “big problems”.
Trump announced this today, June 30, on his page on the Truth Social social network.
"Gasoline sellers must lower prices IMMEDIATELY", he wrote.
The President emphasized that unjustified price increases are not allowed and are considered illegal. He also said that the price of a gallon of gasoline (approximately 3.78 liters) should start being lowered to around $2.50.
Earlier, Trump had instructed the US Department of Justice to investigate the activities of oil companies. In his opinion, despite the fact that crude oil is becoming cheaper on the world market, some companies are not lowering gasoline prices at filling stations and are forcing consumers to pay unreasonably more.
Recall that earlier this year, following US and Israeli military actions against Iran, tensions in the Middle East escalated, and oil prices on the world market rose significantly. Later, with the intensification of diplomatic negotiations, a certain decrease in oil and fuel prices was observed.
Currently, on the eve of the midterm elections to Congress in November, high fuel prices have become one of the politically important issues for the administration. Therefore, the Trump administration is trying to mitigate voter discontent by lowering gasoline prices.
