Chevron CFO Eimear Bonner says U.S. gas prices should decline as Middle East tensions ease, but warns of a lag.
"Gasoline prices better start going down a lot faster than what I’m seeing!" Trump wrote.
By Claudia Assis and Myra P. Saefong
Her comments come shortly after President Donald Trump ordered an investigation into Big Oil, accusing them of "gouging" consumers.
U.S. gasoline prices decreased an average of 49 cents a gallon in the last month as expectations rose for an end to the war with Iran
Trump questions why fuel costs are not decreasing quicker despite lower crude oil prices, but cites faster declines compared to 2022.