Trump: Gasoline Retailers Must Cut Prices 'Immediately!' for the American People or 'Big Problems Lie Ahead'

President Donald Trump called on gasoline retailers to lower prices, stating they must cut prices "immediately" or "big problems lie ahead," according to a statement issued by Trump. Trump did not specify what actions he might take or what those problems would entail. Retail gasoline prices are determined by multiple factors including crude oil costs, refinery capacity, distribution, taxes, and individual retailer margins.

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