President Donald Trump called on fuel retailers to lower gas prices "immediately," arguing they remain too high relative to falling crude oil costs. He suggested a target of roughly $2.50 a gallon and warned of "big problems" if prices do not drop, according to N12.
President Donald Trump intensified his campaign for lower fuel prices, calling on gas station operators and fuel retailers to cut pump prices "immediately." Appearing on N12, Trump argued that gasoline costs remain too high relative to the ongoing decline in crude oil prices, and set a target of roughly $2.50 per gallon, warning of "big problems" if prices do not come down.
As The Zioneer reported at 02:47 this morning, the call extends Trump's broader push for relief at the pump, which has included directing the Justice Department to review oil companies that have not passed on price drops. The statement reinforces the administration's pressure on the retail end of the fuel supply chain, as crude oil prices have continued to slide from peaks above $93 per barrel earlier this month toward the $75 range.
The request is the latest in a series of presidential interventions on energy pricing, though it remains unclear whether retailers will comply or whether the administration will take additional steps to enforce reductions.
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