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Trump Targets Big Oil Profits | Lincoln News

Trump Targets Big Oil Profits | Lincoln News

Published 2 weeks, 6 days ago
Description

President Trump is taking aim at big oil giants Exxon and Chevron, blasting them for soaring profits—especially as global tensions drive up gas prices. With Chevron raking in $12 billion and Exxon $14.5 billion in just three months, both companies saw profit jumps of nearly 400% year-over-year. Trump’s blunt message? They’re making “too much money” and should pass some savings on to consumers at the pump.

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