Get all your news in one place.
100's of premium titles.
One app.
Start reading
We Got This Covered
We Got This Covered
Politics
Mrinav Dehingia

Donald Trump says oil companies are making a ‘freaking fortune’ while Americans face higher gas bills

President Donald Trump says US oil companies are making a “freaking fortune” while Americans face higher gas bills. Speaking at a campaign rally in Georgia, he defended the industry’s windfall even as drivers pay more at the pump.

Trump described oil prices as “temporarily high,” according to Business Insider. He said disruptions to the Strait of Hormuz have pushed oil buyers toward American companies operating in Texas, Oklahoma, and Louisiana. “The United States oil and gas business is making hundreds of billions of dollars,” Trump said. “I don’t give a damn, I’m going to say it — we’re making a freaking fortune.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.