This year, President Donald Trump said that ExxonMobil and Chevron made “too much money” on rising crude oil prices due to the Iran war. For once, we agree with him.
If oil companies are making too much money from a global crisis, while our costs of living surge, how exactly do you make them give some of it back?
Congress should pass a tax on excessive profits to stop Big Oil's profiteering, give back money to working families to cover healthcare, housing, and basic necessities, and usher in a new era of accountability on corporate greed.