President Donald Trump called on all gas stations across the United States to lower fuel prices immediately, warning that failure to do so would result in 'big problems.' The statement, reported by Israeli media, escalates his ongoing campaign to bring prices down as crude oil costs continue to slide.
President Donald Trump escalated his pressure campaign on fuel retailers Tuesday morning (Jerusalem time), warning of unspecified 'big problems' if gas stations across the United States do not lower prices 'immediately.' The statement, reported by Israeli media, broadens a push that began with calls on oil companies in late June.
As The Zioneer reported Monday June 29 at 16:08 Jerusalem, Trump first urged the public to report retail violations on social media, then called on fuel retailers to cut prices 'immediately' and suggested a target of roughly $2.50 per gallon. That thread showed the president had already warned of 'big problems' for noncompliant retailers. The current dispatch — filed Tuesday at 10:09 Jerusalem — adds a direct ultimatum to all gas station owners, amplifying the same threat.
The Zioneer reported separately on Wednesday June 24 at 07:23 Jerusalem that Trump directed the Justice Department to examine oil companies that had not passed on falling crude costs to consumers. Earlier background context includes Trump statements touting falling fuel prices (June 19) and linking lower oil prices to the reopening of the Strait of Hormuz (June 19).
The president has not specified what action he would take against stations that ignore the demand, and the warning remains ambiguous. It is unclear whether the threat implies regulatory steps, executive pressure, or other measures.
4 developments
- DevelopingTrump orders DOJ to review oil companies not lowering prices
- DevelopingTrump says oil found 'everywhere' after Strait of Hormuz reopening, prices will fall sharply
- StrongOil surges above $93 after Trump threatens Iran
- DevelopingTrump: Stock market hits new high, fuel prices fall — 'another day in paradise'
Source and signal
- Internal intake