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LN24 > Blog > gasoline prices
23
Oct

Trump Invokes Defense Production Act to Boost U.S. Oil Production Amid Soaring Fuel Prices

  • LN24 / 1 week
  • 0
  • 3 min read

U.S. President Donald Trump has invoked the Cold War-era Defense Production Act to strengthen domestic oil production, expand refining capacity and increase fuel supplies as rising energy prices place growing pressure on American consumers and businesses. In a presidential memorandum issued on October 22, Trump designated domestic petroleum production, refining and related infrastructure as essential […]

04
Aug

Trump Blasts Exxon and Chevron for Making ‘Too Much Money,’ Demands Lower Gasoline Prices

  • LN24 / 3 months
  • 0
  • 3 min read

U.S. president says major oil companies must help reduce fuel costs for American consumers U.S. President Donald Trump has publicly criticized energy giants Exxon Mobil and Chevron, accusing the companies of making “too much money” while American motorists continue to face elevated gasoline prices. In comments delivered during a media appearance and later reinforced on […]

Trump Orders DOJ Probe Into Oil Companies Over Fuel Prices
25
Jun

Trump Orders DOJ Probe Into Oil Companies Over Fuel Prices

  • LN24 / 4 months
  • 0
  • 2 min read

Trump Targets Major Energy Companies Donald Trump has directed the U.S. Department of Justice to investigate major oil companies over allegations of possible price gouging, arguing that consumers are not benefiting from recent declines in global crude oil prices. In a social media statement, the U.S. president criticized leading energy firms, including ExxonMobil and Chevron, […]