Trump Demands Lower Gas Prices; Administration Warns of Price Gouging

 

Washington, D.C. – U.S. President Donald Trump called for lower gasoline prices to reach $2.50 per gallon, arguing that lower fuel costs would help alleviate the economic pressure on families and businesses across the country.

Following this announcement, Treasury Secretary Scott Bessent stated in a television interview that the federal government is closely monitoring energy markets and warned that authorities will be vigilant against any practices that could lead to unjustified price increases.

The official indicated that the administration will continue to monitor fuel prices and reiterated that, should anticompetitive or anti-competitive practices be detected, the appropriate authorities will act in accordance with their powers under U.S. law. The statements come at a time when gasoline prices remain a major concern for millions of consumers, due to their impact on the cost of transportation, food, and other goods and services.

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