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CNN CNN Newsroom With Poppy Harlow and Jim Sciutto June 4, 2024 13:55:00

The price gouging law, a power for the entire supply chain and looking for not just the super major oil companies we know the names of. all in response to high gas prices. $4.07 a gallon national average, not cheap but it has come down. the american petroleum institute in response to news of this investigation. the api said this is an industry of price takers, not price makers and countless investigations throughout history have shown that changes in gasoline prices are based on market factors. jim, we ll see what this investigation in particular turns up, if anything. matt egan, thanks so much. thanks. coming up in our next hour as we closely monitor what is happening in the ongoing war in ukraine, thousands continue to ....

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