August 3, 2026

President Trump Criticizes Chevron Over High Gas Prices and Profits

President Donald Trump expressed dissatisfaction with Chevron on Monday, targeting CEO Mike Wirth for what he sees as a lack of gratitude from the oil giant. Trump urged the company to lower gas prices amidst rising voter frustration.

The criticism followed Chevron’s announcement of significant quarterly profits. This increase in profit has occurred while drivers face gas prices exceeding $4 per gallon.

Gas prices hit an average of $4.10 nationwide last Saturday, a financial burden for many consumers. The president’s comments highlight the tension between Chevron’s financial gains and public concern over fuel costs.

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