Trump Criticizes Oil Company Profits, Urges Lower Gas Prices
Donald Trump criticized major oil companies like Exxon and Chevron for their high profits, stating he dislikes it and suggesting they should return some of the earnings. He urged for lower petrol prices amidst soaring profits for oil giants.
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Big Take: War Is Good For Big Oil's Profits
With Exxon and Chevron reporting their biggest profits in years, oil reporter Mitchell Ferman on why US gasoline prices are still so high. (Source: Bloomberg)
Read full article →Petrol prices strain US households as oil giants Chevron, Exxon profits soar
Low-income US households are hit hardest, spending more than 10 percent of monthly income on petrol as prices rise.
Read full article →Trump blasts Exxon, Chevron profits, urges lower gas prices
WASHINGTON (Reuters) -- US President Donald Trump accused ExxonMobil and Chevron Monday of making "too much money" off higher fuel prices and said the oil giants should "give some of that back to the public," a notable break from his usual alliance with the industry. "I don't like it," Trump told reporters Monday, three days after the companies reported blowout second-quarter earnings as the ongoing war in Iran keeps oil prices high. “Chevron, too much money. ExxonMobil, too much. Too much mon
By The Korea Herald
Read full article →Trump demands lower petrol prices after oil plunge
US President Trump orders oil companies to immediately lower petrol prices for consumers after crude oil futures plunged. Read More: https://punchng.com/trump-demands-lower-petrol-prices-after-oil-plunge/
By Punch Newspapers
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