President Donald Trump on Monday pressed U.S. oil giants to immediately slash gasoline prices, while slamming Chevron CEO Mike ‌Wirth for not crediting his administration’s efforts to help the energy industry.

On Truth Social, Trump posted: “Mike Wirth, Chairman and CEO of Chevron, just gave, in an interview with the fabulous Maria Bartiromo, all of the reasons that his company is doing so well.

[snip]

On “Sunday Morning Futures,” Wirth indicated the impact the Iran conflict has had on energy markets has left the situation “somewhat fragile and uncertain.”

“Inventories have been drawn down around the world, whether it’s strategic stocks or commercial stocks, and the situation remains somewhat fragile and uncertain,” he said.

[snip]

“I think the unfortunate thing is that energy assets have been targeted in this conflict, and what that means is it degrades the capacity of the energy system to meet global demand, and how quickly that comes back will be one of the things that determines when markets actually get back to some sort of a new equilibrium,” Wirth added.

As WorldNetDaily reported, Trump in June instructed the U.S. Department of Justice to investigate the high price of gasoline across America, accusing oil companies of “gouging” consumers.

[snip]

“Those prices are dropping like a rock! In other words, customers are being ‘gouged.’

“I have instructed the DOJ to immediately start looking into this. Gasoline prices better start going down a lot faster than what I’m seeing!”

(*) Full article: https://www.wnd.com/2026/08/down-now-trump-directs-oil-giants-slash-gas/?utm_campaign=down-now-trump-directs-oil-giants-slash-gas&utm_medium=rss&utm_source=rss