Mother Jones ties Trump's oil wealth and rhetoric to the profit surge
6Oct 31 11:58 AM · 8d ago · 4 articles · 4 posts · 5 comments · 4 sources · development 6 of 7
Mother Jones reported Trump's personal oil and gas holdings grew by as much as $35.8 million per a congressional Democrats' report, while the median household spent $856 more at the pump; the piece recapped Trump's repeated public framing of the price surge as a national windfall.
theguardian.com
“Our country is making hundreds of billions of dollars because of what’s happened in the Middle East, because they’re coming to Texas, and they’re coming to Oklahoma, and they’re coming to Louisiana and they’re taking that oil.”
Oil companies' Q3 profits went up by 140% compared to last year. Why? Because they are profiting off Trump's war on Iran. https://www. commondreams.org/news/big-oil- profits-2026 # oil # gas # war # climate # Iran # profiteering
Hmm, so with the war making oil so expensive, the real problem seems to be that oil companies used it as an excuse to rake in an extra several billion $ in profits, by some measures quadrupling their profit. So, explain to me exactly why we aren't going after this theft vigorously. There's some farmers in the midwest who need to understand why…
That would be great. I live in Texas where there are many oil company headquarters. The money would need to come from the state royalties that oil companies pay the state in my opinion, because they would never write us a check themselves. Also, the large oil companies like Exxon and Chevron are cutting American jobs and using tech centers in…
They earned it by overcharging people who depend on it because any other form of energy is actively discouraged. Maybe they don’t need all these gvt subsidies since they’re so profitable.
So they only don't like some types of Redistribution of wealth. If the Redistribution is to start a war with tax payer money to raise the price of oil the that Redistribution is okay.