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Trump Orders Investigation As US Gasoline Prices Fail To Fall Fast Enough

Trump Orders Investigation As US Gasoline Prices Fail To Fall Fast Enough

US President Donald Trump has ordered an investigation into why gasoline prices are not falling as much as expected despite easing tensions in the Middle East and softer crude oil prices.

Trump questioned why consumers are not seeing bigger relief at fuel stations even after oil market concerns have reduced. The probe will examine whether oil companies and fuel retailers are passing on the benefits of lower crude prices to customers.

The development has once again put fuel pricing and energy companies under the spotlight in the United States.

Should governments investigate companies when fuel prices stay high despite lower oil prices?

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