US president hits out at ExxonMobil and Chevron, saying they should ‘give some of that back to the public’
Donald Trump has criticised oil companies for “making too much money” from the global energy market disruption caused by his war on Iran.
Brent crude had been trading at about $70 (£52) a barrel before the first US-Israeli strikes at the end of February, but by the end of April it had soared as high as $126 and is now trading at about $85 a barrel.
The US president took aim at the windfall profits revealed last week by ExxonMobil and Chevron, and said the companies would “give some of that back to the public”.
26 Comments
FuglyDuck@lemmy.world · 82 pts · 16d
What he's really saying is that they're not paying him a big enough cut.
crystalmerchant@lemmy.world · 40 pts · 16d
Making too much money that he's not getting enough of a cut of
Fixed
redlemace@lemmy.world · 26 pts · 16d
apart from distracting, it's just a call to give him a bigger cut or ...... no more war for you my oil buddies!
TryingToBeGood@reddthat.com · 24 pts · 16d
Subtext: “…and they’re not giving enough of it to ME!!”
nkat2112@sh.itjust.works · 16 pts · 16d
Might he be concerned about the upcoming midterm elections - perhaps more so than the recent huge cost of living challenges facing US families?
Also:
Very true.
ChonkyOwlbear@lemmy.world · 16 pts · 16d
He's getting blamed for high gas prices and he's passing the blame as usual.
SaveTheTuaHawk@lemmy.ca · 11 pts · 16d
"President has no idea how commodity pricing works"
He's trying to blame oil companies for his stupid war.
phutatorius@lemmy.zip · 1 pts · 14d
Well, they wanted it, in order to drive up their profits. But now he can't take the heat.
CharlesDarwin@lemmy.world · 10 pts · 16d
This fucking asshole made two billion in a year. And he's a brainless baboon. He has a lot of nerve talking about anyone else making "too much money".
AmbientDread@piefed.social · 9 pts · 16d
Sounds like a communist policy of taking over business in order to facilitate more Pump and Dump Rump acts of state terrorism.
voxthefox@lemmy.blahaj.zone · 8 pts · 16d
Let them fight.
orclev@lemmy.world · 9 pts · 16d
This isn't a fight, it's a shakedown. This is Trump letting them know he's expecting a kickback. Once they provide an appropriately sized bribe to him this will all magically go away.
kungen@feddit.nu · 2 pts · 16d
And/or a distraction. "The prices are high because they're choosing to increase it, it has nothing to do with my war"
HulkSmashBurgers@reddthat.com · 8 pts · 16d
Maybe it's time to stop the subsdies.
phutatorius@lemmy.zip · 2 pts · 14d
Maybe it's time to nationalize the oil companies in partial compensation for the environmental damage they've knowingly done, imprison their senior executives, and start an aggressive program of shutting the industry down in the next five years, in as irreversible way as possible.
HulkSmashBurgers@reddthat.com · 1 pts · 14d
Yes oil companies need to go the way of the dinosaur because they're not good for the environment.
the_riviera_kid@lemmy.world · 7 pts · 16d
Yeah! only corrupt presidents are allowed to make money from war!
/S
artyom@piefed.social · 7 pts · 16d
Then make them. I mean you're basically fucking omnipotent. You absolutely have the power to make them do that. So if you really believe that, make them. But you don't really believe that, this is simply a whataboutism to distract from the damage you personally are causing the economy.
whyrat@lemmy.world · 6 pts · 16d
What ever happened to his "Freedom Fuel Network"?
Probably unrelated... /s
shippozot@aussie.zone · 1 pts · 16d
So.. you’re saying they should be taxed more?
Zier@fedia.io · -1 pts · 16d
Gas should be $1/gal for the next 5 years.
artyom@piefed.social · 3 pts · 16d
Cheap gas drives people to consume more of it, destroying the atmosphere, and killing people on our roads. How about instead we take the money from them and reinvest it in sovereign clean energy infrastructure? And then next time they want to have a war in the middle east, we'll have one less giant problem.
redlemace@lemmy.world · 1 pts · 16d
$1/gal -> 0.229 euro per liter
Quite a number of european counties pay tenfold today
magic_smoke@lemmy.blahaj.zone · 4 pts · 16d
But I have to drive my Ford F350 Super Duty Fuck-My-Wife edition 😭
redlemace@lemmy.world · 3 pts · 16d
ahhh ... that 6 year old pick-up the one with the never-has-and-never-will-be-used truckbed
SaveTheTuaHawk@lemmy.ca · 1 pts · 16d
If that happens, USA will just buy bigger and bigger trucks.