Trump to Host Oil Refiners to Address High Fuel Prices

President Trump will host oil executives at the White House to discuss expanding refining capacity and lowering gasoline prices. The meeting comes amid industry concerns over potential friction following recent criticism of profit margins.

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A person pumps their gasoline at a gas station in Atlanta, Georgia, U.S., March 20, 2026. REUTERS/Alyssa Pointer

President Donald Trump summoned refinery chiefs to the White House on Tuesday after accusing United States fuel makers of gouging consumers with prices averaging over $4 a gallon. The high-stakes gathering follows months of elevated pump costs driven by supply disruptions tied to the conflict in Iran earlier this year. Executives face a delicate calculus over whether to attend an unpredictable presidential summit or risk political retaliation.

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