Trump urges gasoline retailers to lower prices, warns of 'big problems' if they don't

[AZProgressive]

Source: Reuters

By Kanishka Singh
June 29, 2026 5:06 PM MST Updated 53 mins ago

WASHINGTON, June 29 (Reuters) - U.S. President Donald ​Trump said on Monday gasoline retailers must get ‌prices down immediately and warned that there will be "big problems" ahead if they did not do so.

Here are details:

*"Gasoline Retailers must get ​their Prices down, IMMEDIATELY," Trump wrote on Truth ​Social.
*"There will be no gauging, which is totally ⁠illegal. If Retailers don't do this, big problems lie ​ahead! Start targeting around the $2.50 a Gallon number," he wrote.

Read more: https://www.reuters.com/business/energy/trump-urges-gasoline-retailers-lower-prices-warns-big-problems-if-they-dont-2026-06-30/

[Deuxcents]

1. After millions in donations to TSF, they didn't know he owns them?! Gas at 2$ a gallon by midterms, or else!

[2naSalit]

2. ...

[dweller]

3. wait wut ?

they can’t use gauges ?
We just have to guess at gallons ?


🤔


✌🏻

[SheltieLover]

4. ...

[Botany]

10. Gauge vs gouge what is the difference?

The man is out to lunch. Time to call in his Ms. Harp to edit his “work.”

Btw does Trump know that gasoline prices are a result in a large part from the price
of oil and that oil is a traded commodity in things called oil price futures and that his
war to hide the Epstein files w/Iran the price of oil has gone up and that there is a
world wide shortage of oil too including in America too?

[dave99]

5. So now US Govn't can tell what religion to beleive, what corporations will do, what a woman can do , which

color skin is ok.

I do wonder where The United States went

[UpInArms]

6. No gauging?

What’s that?

Big trouble!

$2.50!

[QueerDuck]

36. It's pronounced "gow-ging" ... I imagine.

[ChicagoTeamster]

7. They'll have to raise prices on all of the other products they sell to make a profit and then nobody will buy them

Soon there will be gas stations closing along long stretches of rural highways and drivers will be running out of gas and then the vultures will come out and the rural crime rate will become an epidemic. Ever see the movie "The Hills have eyes"?

[RockRaven]

8. A two-bit felon walks into the headquarters of *the biggest mob boss in town*, who

utterly and completely own his ass and that of all his associates, and says "it's a nice place you got here, be a shame if something happened to it."

Hey, dumbass, the fossil fuel industry is not afraid of you! They own you. They own "your" Senators. They own "your" Representatives. They own "your" governors. They own "your" regulatory agencies. They will still own all of them after you are long gone from the scene.

[Haggard Celine]

33. He doesn't have the balls to go after the oil companies.

He's going after retailers. The oil companies could get rid of him before breakfast if it suited them.

[Captain Zero]

9. Business school grad thinks like a 3rd Grader

Why can't the corner store just give away the Snickers and Butterfingers?
Those are the ones I like.

[SpankMe]

11. A president has that kind of power? It's that easy?

In that case, the next Dem president ought to tell the health care industry to "...get their prices down immediately or big problems will lie ahead".

Problem solved! Same with housing costs.

[thesquanderer]

16. Yup. No need for "policy" when you can just scream "I want it! I want it! I want it!" like a 5 year old,

until people give in.

Most people realize that eventually stops working.

[bamagal62]

19. OMG, this. ☝️

It’s like when my 3 year old throws herself on the floor in the grocery store because she can’t get the candy bar. (I always walked away and just let her have a wobbly.)

[Pinback]

12. Maybe he'll emulate the rabid anti-Communist Nixon

and institute price controls.

[truthisfreedom]

13. God damned gaugers.

And their god damned gauging. It’s all their fault. They started this war with their gauging ways.

[littlemissmartypants]

14. Yawn.

[sakabatou]

15. "I don't understand [insert thing here], so f*ck you!" -Dump, probably

[azureblue]

17. but no warning to the oil companies

who are keeping the prices high and posting record profits. Gas stations have a very slim profit margin on gas, which is why they all sell other things - to make enough profit to keep the station going. Gas is just a magnet to get people to come in..

[bamagal62]

18. They're scared.

[VMA131Marine]

20. The current spot price for physical delivery of gasoline is $2.88-2.96

At $2.50/gal retailers would be losing at least $0.70 per gallon because the wholesale spot price doesn’t include delivery or taxes.

[cstanleytech]

21. He's probably scared the Republicans might lose 12 seats in the Senate.

If that happens he knows he'll not have enough votes to block an impeachment conviction in the Senate.

[Talitha]

22. Get the dart gun, Gramps needs a nap.

[Norrrm]

23. Truump campaigned on the promise of lowering energy prices to half.

Gas would have gone down to around $1.50 if he told the truth.

[SalamanderSleeps]

24. White Trash Hitler says what?

Before you flame, both lasagna and sauerbraten are somehow always featured at Thanksgiving at our house.

Factory turkey just does not cut it.

And, the milk carton tends to be the favored centerpiece.

[Martin Eden]

25. The "big problems" are the midterm elections

How does he plan to coerce the gas retailers into lowering their prices -- decree by social media post?

[Lovie777]

27. The almighty "executive order".........................

[OAITW r.2.0]

28. Absolutely. His crime spree is gonna come to an abrupt end.

He may control the DOJ, but 2028 is gonna really ruin Don's life.

[OAITW r.2.0]

26. Take 'em to court, Don!

Discovery will be awesome.

[Aussie105]

29. Sure, Mr Trump.

Sign a few Royal Decrees (executive orders) and watch the monster that is the petro-chemical industry eat you alive!

[Drum]

30. I think he's sending a message to his people, the ones who will initiate the "big problems."

Never gets his own little hands dirty.

[SSJVegeta]

31. Putting gas companies outta business?

Maybe trump IS an environmentalist!

[riversedge]

32. As of Monday, AAA listed the national average for regular gasoline at $3.86 a gallon, down from about $4.50 in recent mo

https://bingx.com/en/news/post/trump-warns-gasoline-retailers-of-big-problems-if-they-don-t-lower-prices-president-acting-like-biden
..................
President Donald Trump demanded on Monday that gasoline retailers cut pump prices immediately, warning of “big problems” if they fail to act, as he urged companies to move faster after crude oil prices retreated from wartime highs.

In a Truth Social post, Trump wrote that “Gasoline Retailers must get their Prices down, IMMEDIATELY,” adding that “There will be no gauging, which is totally illegal.” He told retailers to “Start targeting around the $2.50 a Gallon number.”

...................

The message followed comments from days earlier in which Trump said he had instructed the Department of Justice to investigate oil companies for failing to lower gasoline prices in line with falling crude costs, accusing them of gouging consumers................................


As of Monday, AAA listed the national average for regular gasoline at $3.86 a gallon, down from about $4.50 in recent months. California averaged roughly $5.45 a gallon, a $1.59 premium over the national average. The state has the highest gasoline-related costs in the country, with excise taxes, cap-and-trade costs, low-carbon fuel rules and local sales taxes adding roughly $1.20 to $1.47 per gallon.

[Blumancru]

34. So the President gets to decide the price of gasoline.

Then why didn’t he tell them to lower it sooner? And what will happen after the midterms? Back up to over $4 a gallon?

[SamuelAdams]

35. He really believes in the free market, doesn't he?

It will be fun to see how the GOP reacts if the next Democratic president uses these powers/threats to go after businesses the same way.

[MoseShrute]

37. Just imagine what the media would be doing if Obama or Biden twitted that comment

[mdbl]

38. What about the gasoline wholesalers?

That's where the price points are affected the most. What an idiot.

[rickford66]

39. Back in 1968, I had an uncle who ran his own gas station. Not a convenience store.

He made 2 cents per gallon when gas was about 28 cents. So he was buying gas at 26 cents per gallon. Extrapolating to today where gas is around $4. a private station owner makes about 30 cents per gallon. Around here the private stations already have the lowest prices. The gas in their tanks is full of gallons bought at different prices. They ain't gonna lower the price.

[Talitha]

40. Last I heard, Dump was considering removing some gas taxes to lower the price.

There were objections because those taxes are what funds our road repairs.
Any news on that?

[the_liberal_grandpa]

41. When he says "big trouble"

He means for him and the economy.

Fuel prices are artificially down mainly due to China not currently importing oil.

Don't be fooled by the futures price of oil dropping. This is pure market manipulation.

The fact is oil inventory around the globe is dropping to tank bottom and nothing, not even the orange asshole is going to stop the global effects from starting and cascading over the next several weeks. Oil executives warned us of this starting by July 4th and I think they know what they are talking about.

I expect that after the holiday you will start to see gas prices begin to climb again while inflation continues to climb out of control.

In short, we are fucked.

[Raftergirl]

42. He thinks he can demand something and it will be so. He is a moron.