economy
Trump says gas prices should be at $2.25 if not for oil conglomerates
President Donald Trump excoriated several U.S. oil giants for not working to bring down gas prices fast enough in the wake of the memorandum of understanding with Iran, which he signed last week.
TL;DR
- President Trump is investigating U.S. oil giants for not lowering gas prices sufficiently.
- He believes gas prices should be at $2.25 per gallon.
- Trump specifically called out Exxon Mobil, Chevron, Shell, and BP.
- He accused these companies of capitalizing on the Iran war, which caused oil prices to rise.