Trump Demands Oil Companies Lower Gas Prices Immediately

US President Donald Trump has called on oil companies to lower gasoline prices for American consumers. In a social media post, he criticized Chevron CEO Mike Wirth for failing to credit his administration's efforts in helping the oil industry.

Trump claimed that without his administration's help, the oil industry and the country would be 'dead'. He pointed out that Chevron was thrown out of Venezuela but is now back and stronger than ever. Trump demanded that oil companies lower their consumer prices immediately.

The global oil price plummeted after Trump called off a planned attack on Iran, but gas prices at the pump did not follow suit. Oil companies have reported higher earnings due to increased crude prices and refining margins. Valero Energy reported its strongest quarterly profit since 2022, while Chevron posted its highest quarterly earnings in six years.