- Trump — who previously solicited big donations from oil executives — has accused major oil companies (Chevron, Exxon, BP, Shell) of "gouging" drivers and says he asked the Justice Department to investigate.
- Gas prices remain high (about $3.91/gal), squeezing household budgets after Middle East disruptions and creating political risk for Republicans ahead of the midterms.
- Oil firms have benefited from wartime price spikes and Trump's deregulatory/tax moves, while industry leaders say lower crude prices can take weeks or months to show up at the pump.
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