At the end of May 2026, the United States solidified its position as the world’s largest oil exporter, shipping approximately 10.5 million barrels per day of crude and refined products, surpassing Russia and Saudi Arabia for the third consecutive month. This is a historic energy dominance and reversal of decades-old global supply dynamics, building on the U.S. […] The post U.S. Energy Lead Secured: Trump Pushes Lower Gasoline Prices appeared first on StoneZone .
At the end of May 2026, the United States solidified its position as the world’s largest oil exporter, shipping approximately 10.5 million barrels per day of crude and refined products, surpassing Russia and Saudi Arabia for the third consecutive month. This is a historic energy dominance and reversal of decades-old global supply dynamics, building on the U.S. becoming a net petroleum exporter in 2026 for the first time since at least 1949. Yet many Americans continue to feel the price at the pump. While crude prices have fallen sharply, gasoline prices remain elevated, roughly .30 to .50 cents higher than they would be under normal circumstances as pre-conflict levels gradually return. President Donald J. Trump has directed the…Open
President Donald J. Trump has called for gas prices to return to $2.25 and accused major oil companies of price gouging.
President Donald J. Trump has accused major oil companies of price gouging as gas prices remain high despite the reopening of the Strait of Hormuz, sparking a Department of Justice investigation. PULSE POINTS WHAT HAPPENED: President Donald J. Trump has called for gas prices to return to $2.25 and accused major oil companies of price gouging. DETAIL: The price of gas has not been $2.25 since January 2, 2021. At present, the national average gas price is currently $3.92 per gallon, down from $4.51 a month ago but still significantly above the $2.98 average recorded before the Iran war, which began in late February. The President’s demand to lower the price of gas came on Wednesday amid questioning from reporters in the Oval Office.…Open
Over four years, the Justice Department alleges, the suspects doubled the cost of the containers, which increased the manufacturers' profits by 100-fold during the 2020 pandemic.