Trump calls out ExxonMobil and Chevron for making too much cash
The president is suddenly playing populist, telling big oil to chill with the record-breaking profits while the rest of us pay for his foreign policy at the pump.
So, Donald Trump—the guy who usually treats free enterprise like a religion—is suddenly acting like a corporate auditor. He’s calling out ExxonMobil and Chevron for their massive windfalls during the war in Iran.
The math is pretty wild. Chevron saw its profits jump 400% compared to last year. ExxonMobil basically doubled their haul. Meanwhile, gas prices are hovering near $4.10 a gallon. Trump says the companies need to give that cash back to the public by slashing prices at the pump, even while admitting he’s supposed to be the biggest 'free enterprise' supporter in the room.
It’s a strange day when the commander-in-chief starts sounding like a price-control activist because his own war-fueled inflation is getting annoying.
Source: Politico
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