local
President Trump urges gas stations to drop prices to $2.50 amid lower oil prices
By Chris Talley at Yourbasin / Big 2 KMID + Fox 24 KPEJ (Nexstar)
· July 1, 2026
· 1 min read
ODESSA, Texas (KMID/KPEJ) - As the price of gas continues to fall, President Trump wants those prices down “immediately.” In a Truth Social post Monday, The President urged gasoline retailers to drop prices to $2.50/Gal. He attributes the declining oil prices should translate to low prices at the...
Key takeaway ” In a Truth Social post Monday, The President urged gasoline retailers to drop prices to $2.
Why this matters in The Odessa
For Odessa residents, the prospect of gas prices dropping to $2.50 per gallon is a welcome one, given the city's reliance on transportation and commuting. As a major hub in the Permian Basin, Odessa's economy is closely tied to the oil and gas industry, and fluctuations in fuel prices can have a significant impact on local businesses and commuters. If gas stations were to heed President Trump's call and lower prices, it could provide some relief to drivers who regularly travel between Odessa and neighboring Midland, or those who commute to jobs in the oil fields. Kirk Edwards, President of Latigo Petroleum, may offer insight into the feasibility of such a price drop, and his perspective will be closely watched by local motorists and business owners who are eager to see how the situation unfolds.
About this story
Original reporting by Yourbasin / Big 2 KMID + Fox 24 KPEJ (Nexstar) . The Odessa surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit Yourbasin / Big 2 KMID + Fox 24 KPEJ (Nexstar) . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: July 1, 2026 ·
Source: Yourbasin / Big 2 KMID + Fox 24 KPEJ (Nexstar) ·
Reading time: 1 min
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Frequently asked about this story
What is this story about? ODESSA, Texas (KMID/KPEJ) - As the price of gas continues to fall, President Trump wants those prices down “immediately.” In a Truth Social post Monday, The President urged gasoline retailers to drop prices to $2.50/Gal. He attributes the declining oil prices should translate to low prices at the...
When was this published? This article was first published on July 1, 2026 by Yourbasin / Big 2 KMID + Fox 24 KPEJ (Nexstar) and curated for The Odessa readers.
Who reported this story? This story was reported by Chris Talley at Yourbasin / Big 2 KMID + Fox 24 KPEJ (Nexstar). To learn more about how The Odessa selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The Odessa, or browse our daily briefing and topic hubs .
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