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Updated 1h ago
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VOTE: Who do you blame for gas prices not dropping quickly enough?
Crude oil prices have moved closer to pre-war levels, but gasoline prices have not dropped as quickly. This disparity has led to political friction and accusations of price gouging. US Treasury Secretary Scott Bessent has encouraged oil and gas companies to act as good actors.
What changed
The US Treasury Secretary has issued a warning to energy companies following complaints from President Trump about the pace of price drops.
Live updates
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Political Tension Rises as Gasoline Prices Remain Sticky
confidence 80%Crude oil prices have moved closer to pre-war levels, but gasoline prices have not dropped as quickly. This disparity has led to political friction and accusations of price gouging. US Treasury Secretary Scott Bessent has encouraged oil and gas companies to act as good actors.
What's confirmed:
- Gasoline prices dipped below $4 a gallon for the first time this travel season.
- Crude oil prices have fallen from April highs and are nearing pre-war levels.
Still unconfirmed:
- Attendees at a National Mall rally blame the war with Iran for gas price spikes.