Pritzker and Trump Take Aim at Big Oil, But Is Profiteering Really the Issue?
Illinois Governor JB Pritzker and President Donald Trump have joined forces to criticize major oil companies for 'profiteering' from the war in Iran. In a letter, Pritzker accused Exxon, Chevron, and five other oil companies of collecting 'windfall profits' from Illinois consumers.
The governor's letter cited a 33% increase in average gas prices in Illinois since February, when the Iran War began. Trump also weighed in, saying that Exxon and Chevron are making too much money.
However, critics argue that Pritzker and Trump's criticism is unfair, as oil companies did not cause the war and gas prices reflect a complex mix of factors, including supply disruptions and changes in global demand.