Trump Pressures U.S. Oil Refiners as Gas Prices Stay Above $4
President Donald Trump is putting renewed pressure on the U.S. oil industry as gasoline prices remain elevated across the country. Trump is meeting with oil refiners and fuel distributors at the White House to discuss ways to increase fuel supplies and bring down prices at the pump. The administration is also pushing for fewer regulations and greater domestic energy production. ConsumerAffairs +1 The national average price of regular gasoline is around $4.08 per gallon, according to recent reports. Prices vary significantly by state, with some areas paying considerably more than others. ConsumerAffairs The White House wants the oil industry to take near-term steps that could increase gasoline availability. However, refiners are already operating at high levels, meaning a major increase in production may not happen immediately. Global oil markets are also affecting U.S. gasoline prices. Renewed tensions involving the United States and Iran have raised concerns about di...