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International Business Times
International Business Times
Business
Demian Bio

Trump Warns Gas Companies There Will Be 'Big Problems' If They Don't Lower Prices

Donald Trump Eimear Bonner Oil
Trump warned gas retailers to lower prices at the pump, saying there will be "big problems" if they don't. (Credit: Mandel NGAN / AFP via Getty Images)

President Donald Trump warned gas retailers to lower prices at the pump, saying there will be "big problems" if they don't.

"Gasoline Retailers must get their Prices down, IMMEDIATELY! They're too high considering that Oil is now at $68 a Barrel, and heading south," Trump said in a social media publication on Monday night. West Texas Intermediate, the U.S. benchmark, edged up on Tuesday morning and stood above $71 a barrel.

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