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Part of Trump's Economic Reality Check · 4 stories · since Oct 16 · newest 4d ago

Oil Majors Post Record Profits as Iran War Drives Up Gas Prices

Reports detail $148B in extra consumer gas spending and Trump's oil stock gains

5 Oct 30 4:20 PM · 8d ago · 5 posts · 2 comments · 2 sources · development 5 of 7

Coverage from Truthout and CNN tallied roughly $148 billion in extra US gasoline spending alongside the $130 billion industry profit figure, and noted shareholders including Trump benefiting from the price surge.

Reports detail $148B in extra consumer gas spending and Trump's oil stock gains
theguardian.com

Donald TrumpDonald Trump US PresidentWael Sawan Shell CEOChris Van HollenChris Van Hollen US SenatorPhilip Evans Senior campaigner, GreenpeaceExxonMobil Oil major

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1Shell nearly doubles quarterly profit to…2–3NYT finds US oil industry earned over…4–5Reports detail $148B in extra consumer…
Oct 25Oct 27Oct 29Oct 31Nov 2Nov 4Nov 6now · 1:50 PM ET

What was reported 1 claim about this development

  1. 3 outlets U.S. Oil Industry Reports Blowout Profit as Trump Brags About It

    first by New Republic, 9d ago · also Yahoo Finance, Fortune

    2 more headlines

What people said 5 voices · verbatim

All 7 developments of Oil Majors Post Record Profits as Iran War Drives Up Gas… →

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