local
Trump accuses oil companies of gas price ‘gouging,' calls for DOJ probe
By Yuliya Talmazan | NBC News at NBC 5 Dallas-Fort Worth (KXAS)
· June 24, 2026
· 3 min read
President Donald Trump said Wednesday that he had instructed the Department of Justice to immediately probe oil companies for not lowering gas prices at the pump in line with falling costs, accusing them of “gouging” consumers.
Trump did not name any companies in his late-night message on Trut...
Key takeaway “The big Oil Companies are not dropping their price at the pump commensurate with the sharply lower prices they are paying for Oil,” Trump wrote.
Why this matters in The Trophy Club
For Trophy Club residents, the drop in gas prices below $4 per gallon is a welcome relief, but the fact that prices remain higher than they were a year ago is still a concern. With many residents commuting to nearby cities in the Dallas-Fort Worth area for work, the increased cost of gas can have a significant impact on household budgets. As the midterm elections approach, the issue of gas prices is likely to remain a key concern for voters in Denton County, where Trophy Club is located. The call for a DOJ probe into oil companies' pricing practices may resonate with local residents who feel they are being taken advantage of at the pump. As the situation unfolds, Trophy Club residents will be watching to see if gas prices continue to fall and if the DOJ investigation yields any results that could impact their wallets.
About this story
Original reporting by NBC 5 Dallas-Fort Worth (KXAS) . The Trophy Club surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit NBC 5 Dallas-Fort Worth (KXAS) . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: June 24, 2026 ·
Source: NBC 5 Dallas-Fort Worth (KXAS) ·
Reading time: 3 min
Get more The Trophy Club stories like this
Free weekly briefing covering local and other local news. Curated by our editorial team. No spam.
By subscribing you agree to our privacy policy . Unsubscribe anytime.
Frequently asked about this story
What is this story about? President Donald Trump said Wednesday that he had instructed the Department of Justice to immediately probe oil companies for not lowering gas prices at the pump in line with falling costs, accusing them of “gouging” consumers.
Trump did not name any companies in his late-night message on Trut...
When was this published? This article was first published on June 24, 2026 by NBC 5 Dallas-Fort Worth (KXAS) and curated for The Trophy Club readers.
Who reported this story? This story was reported by Yuliya Talmazan | NBC News at NBC 5 Dallas-Fort Worth (KXAS). To learn more about how The Trophy Club selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The Trophy Club, or browse our daily briefing and topic hubs .
← Back to all news
More local →
Today’s briefing
Subscribe to newsletter