
Trump Demands ExxonMobil and Chevron Return War-Driven Profits to the Public
President Trump on August 4 publicly rebuked ExxonMobil and Chevron after they reported a combined $26 billion in quarterly profits tied to oil-price disruption from the US-Iran war. "They're making too much money based on a shortage," he said, demanding they return earnings to the public and cut consumer prices. US gasoline averaged $4.11 per gallon; Trump called $2.25 fair.
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