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● LIVE Updated 26d ago · 19 sources tracked

Trump just told the DOJ to investigate the oil companies that spent $100 million getting him elected

President Trump has directed the Department of Justice to investigate major oil companies for alleged price gouging at the pump. He claims fuel prices are not dropping despite a sharp decline in crude oil costs. The probe specifically targets companies including ExxonMobil, Chevron, Shell, and BP.

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What changed

Trump has moved from general rhetoric to ordering a specific DOJ probe into four major oil firms.

Live updates

  1. Trump Orders DOJ Investigation Into Oil Giants Over Gas Price Gouging

    President Trump has directed the Department of Justice to investigate major oil companies for alleged price gouging at the pump. He claims fuel prices are not dropping despite a sharp decline in crude oil costs. The probe specifically targets companies including ExxonMobil, Chevron, Shell, and BP.

    What's confirmed:

    • President Trump ordered the Department of Justice to investigate oil companies over alleged price gouging.
    • The investigation targets ExxonMobil, Chevron, Shell, and BP.
    • Trump stated that oil companies are not dropping pump prices commensurate with lower oil prices.

    Still unconfirmed:

    • Oil companies spent nearly $100 million to help Trump get elected.
    • Chevron's CFO claims gas prices will normalize after Trump's pressure on the industry.
    confidence 90%