Petrol prices strain US households as oil giants Chevron, Exxon profits soar

United States President Donald Trump has lambasted the nation’s biggest oil and gas giants as Houston, Texas-based Chevron reported record earnings while consumers struggle with soaring petrol prices.“I don’t like it,” Trump told reporters on Monday in reference to the blockbuster second-quarter earnings, as his war on Iran has kept oil prices high for months.Recommended Stories list of 3 itemslist 1 of 3Capital One cites anti-money laundering concerns in Trump Organization caselist 2 of 3Japan and US confirm rare joint intervention to prop up yenlist 3 of 3Pentagon boosts Patriot, THAAD interceptor output amid stockpile strainend of list“Chevron, too much money. ExxonMobil, too much. Too much money.”Trump’s comments came on the heels of an interview Chevron CEO Mike Wirth gave on the Fox News programme Sunday Morning Futures with Maria Bartiromo. Writing on his Truth Social platform, the US president berated Wirth for not crediting his administration’s efforts to help the oil industry.“The only thing he [Wirth] conveniently forgot to mention is that, without the genius, foresight, strength, and stability of the TRUMP Administration, the Oil Industry, and our Country itself, would ...