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Trump announces gas discounts in Philadelphia ahead of Fourth of July
Fox Business • • business
Key Points:
- President Donald Trump announced that Freedom Fuel Network will lower gas prices at 25 stations in the Greater Philadelphia Area ahead of the Fourth of July holiday, urging other retailers to follow suit.
- Trump claimed that oil prices are rapidly falling and gas prices are dropping, but not quickly enough, and he called on gasoline retailers to reduce prices immediately to around $2.50 per gallon.
- He threatened a federal price-gouging investigation against retailers who do not lower prices, criticizing high gasoline taxes in states like California.
- California Governor Gavin Newsom’s office blamed Trump for high fuel prices, citing increased costs due to the U.S.-Israeli conflict with Iran and accusing GOP policies of contributing to the rise.
- As of Wednesday, the national average gas price is $3.847 per gallon, with California averaging $5.414 and Pennsylvania $3.986, according to AAA.
