Trump Calls for Lower Gas Prices, Criticizes Exxon and Chevron Earnings

Published on 8/3/2026

Trump Calls for Lower Gas Prices, Criticizes Exxon and Chevron Earnings

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Former President Donald Trump criticized Exxon Mobil Corp (XOM) and Chevron Corp (CVX) for their high profits, claiming they need to lower gasoline prices. These companies experienced significant financial gains amid rising oil prices. The remarks come in the context of ongoing concerns about consumer costs related to fuel. Trump's demand for lower prices could influence market dynamics and consumer sentiment regarding these energy companies.

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