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Trump blasts Exxon, Chevron for making 'too much money,' demands lower gasoline prices

MSN
Aug 3, 2026 at 08:06 PM
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U.S. President Donald Trump criticized ExxonMobil and Chevron for profiting excessively from high fuel prices, demanding they return some profits to the public. This marks a significant departure from his typical alliance with the oil industry.

By Jarrett Renshaw and Sheila Dang WASHINGTON, Aug 3 (Reuters) - U.S. President Donald Trump accused ExxonMobil and Chevron on 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 on Monday, three days after the companies

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