"Too Much Money:" President Trump Just Lashed Out at ExxonMobil and Chevron for Windfall Profits, Warns Both Companies They Should "Give Some of That Back."

President Trump criticized ExxonMobil and Chevron for posting massive Q2 windfall profits driven by the Iran war and surging oil prices, demanding they lower consumer gas prices and 'give some of that back' to the public. However, the article explains that individual oil companies cannot unilaterally control prices due to interconnected supply chains and long-term contracts, and that resolving the Iran conflict would be the most effective way to reduce oil prices.