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President Donald Trump criticized Chevron and Exxon Mobil for their significant profits amid rising gas prices related to the conflict with Iran. He called for the companies to lower retail prices for consumers, highlighting the national average gas price of $4.10 per gallon. Both companies reported substantial increases in profits for the second quarter of 2026 compared to the previous year.
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President Donald Trump criticized Chevron and Exxon Mobil for their significant profits amid rising gas prices related to the conflict with Iran. He called for the companies to lower retail prices for consumers, highlighting the national average gas price of $4.10 per gallon. Both companies reported substantial increases in profits for the second quarter of 2026 compared to the previous year.
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Trump says Chevron and Exxon Mobil are making ‘too much money’ amid Iran war
Trump Criticizes Chevron and Exxon Mobil for High Profits Amid Gas Price Concerns