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Trump calls for probe into gas price gouging

Trump calls for probe into gas price gouging

Summary

President Donald Trump has asked the U.S. Department of Justice to investigate gas price gouging, which means charging unfairly high prices for gasoline. An expert from GasBuddy, a company that tracks fuel prices, discussed this issue on CBS News.

Key Facts

  • President Trump wants the Department of Justice to look into high gas prices.
  • "Gas price gouging" means charging too much money for fuel, especially during shortages.
  • Patrick De Haan, an expert on fuel prices at GasBuddy, spoke about this on CBS News.
  • GasBuddy is a company that analyzes and tracks gas prices across the country.
  • The investigation would focus on whether companies are unfairly raising gas prices at the pump.
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