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.