The Oil Industry's Profits Soar, But Consumers Suffer The recent blockbuster earnings reports from oil giants Chevron and ExxonMobil have reignited debate about the fairness of their profits relative to consumer prices at the pump.
President Donald Trump has criticized these companies for having "too much money. " However, the issue is more complex than simple corporate greed.
Petrol prices have increased sharply over the past few months, leaving many consumers feeling pinched.