Trump Meets with Oil Executives to Tackle Soaring Gas Prices

President Donald Trump is meeting with oil industry executives at the White House to discuss ways to lower gas prices, which have risen to $4.10 per gallon. The meeting comes amid rising uncertainty in the Middle East over US military action against Iran, driving up oil prices and pushing the national average higher.

The meeting will focus on the cost passed along to drivers and increasing refinery capacity, with the goal of potentially lowering gas prices by producing more fuel. Trump is also pursuing a new deal with Venezuela, which would rely heavily on US processing.

Trump made comments in early August criticizing oil companies for making 'too much money' based on a shortage, saying they should give some back to the public and cut retail prices.