United States President Donald Trump said on Wednesday that the oil companies will be “in big trouble” if the investigation by the US Department of Justice determines that they are gouging prices.
“It’s ExxonMobil, it’s Chevron, it’s Shell, it’s BP, it’s a lot of them. The gasoline, or the oil prices, have come down so much. We’re not seeing anything at the pump, by comparison to what it should be,” Trump said. “The oil companies are possibly gouging. I hope they’re not, otherwise they’re gonna be in big trouble. We’re not gonna play games,” he added.
The US president claimed that the oil companies are not reducing prices according to the latest developments, reiterating that 19 million barrels of oil came out of the Strait of Hormuz yesterday.