Trump isn't happy that gas prices are falling more slowly than crude oil. He's not the first president to be frustrated.
Key takeaways
- Trump isn't happy that gas prices are falling more slowly than crude oil.
- "Customers are being gouged, " the president wrote on Truth Social just after midnight, adding that he had instructed his Department of Justice to investigate.
- Trump s frustration with the lag is a common one among presidents — it flummoxed President Biden just a few years ago — and is reflected in price fluctuations in recent weeks.
Trump isn't happy that gas prices are falling more slowly than crude oil. He's not the first president to be frustrated. Ben Werschkul · Washington Correspondent Wed, June 24, 2026 at 8:01 PM GMT+7 3 min read CL=F President Trump slammed oil companies in an early-morning social media post on Wednesday for prices at the pump that are not falling as quickly as crude oil prices since energy began flowing more freely through the Strait of Hormuz.
"Customers are being gouged, " the president wrote on Truth Social just after midnight, adding that he had instructed his Department of Justice to investigate. "Gasoline prices better start going down a lot faster than what I m seeing!"
Trump s frustration with the lag is a common one among presidents — it flummoxed President Biden just a few years ago — and is reflected in price fluctuations in recent weeks.