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Trump Orders DOJ Review of Pump Prices

Trump says oil companies kept pump prices high for drivers while crude costs fell from Iran-crisis peaks

Jun 24, 2:18 PM EDT Cross-checked across 2 sources

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Trump accused oil companies of keeping pump prices high for drivers while crude prices fell from Iran-crisis peaks, and ordered DOJ scrutiny.

Frame 1Trump says oil companies kept pump prices high for drivers while crude costs fell from Iran-crisis peaks.
Frame 2He said prices were not dropping commensurately and ordered the Justice Department to look into it.
Frame 3The post did not name any oil firms, leaving the review pointed at an unnamed industry.
Frame 4Industry group API said gasoline prices do not move in lockstep with crude oil.
Frame 5Crude benchmarks retreated from wartime highs, but sources said they remained above prewar levels.
Frame 6Next comes DOJ scrutiny of whether the crude-price drop should have reached drivers faster.

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Reporting: Cross-checked across 2 sources
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Published: Jun 24, 2:18 PM EDT
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