'That’s not capitalism!' Trump attacks Exxon and Chevron over ‘too much money’

President Donald Trump is known for taking on whoever he wants, but his latest target has even some conservatives raising eyebrows — and wondering if the government is abandoning the free market principles America thrives on. "Based on a shortage, they're making too much money," Trump told reporters about Exxon Mobile and Chevron. “I don’t like it.” “When we’re finished with Iran, you’re going to see the prices drop through the floor. But they made too much money. Too much money. Chevron, too much money. Exxon Mobile, too much. Too much money,” he continued. “You're surprised? I'm saying it. I'll say it loud and clear," the president added. “This is concerning,” BlazeTV host Pat Gray comments. “That’s not capitalism,” he adds. “Just to look ahead, Mr. President,” Jeff Fisher chimes in, “when the prices do drop through the floor, they’ll have had this money to maybe survive on a little while.” Executive producer Keith Malinak points out that on February 27, Chevron closed at $189 a share. “Today, they’re all the way to $193 a share,” he says. Meanwhile, Exxon is up $6 a share. “So very modest stock gains at least for those two companies in the last six months. It’s not like how drug companies did with your vaccine,” he adds. Want more from Pat Gray? To enjoy more of Pat's biting analysis and signature wit as he restores common sense to a senseless world, subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution, and live the American dream.
'That’s not capitalism!' Trump attacks Exxon and Chevron over ‘too much money’

President Donald Trump expressed his disapproval of Exxon Mobile and Chevron, stating they were making “too much money” due to shortages. This stance has raised concerns among some conservatives, who view it as a departure from free market principles. Despite Trump’s criticism, stock gains for both companies were described as modest.

  • President Trump criticized Exxon Mobile and Chevron for profiting excessively from shortages.
  • He stated, ‘I don’t like it’ and predicted price drops after the situation with Iran is resolved.
  • BlazeTV host Pat Gray and others expressed concern, questioning if Trump’s comments aligned with capitalism.
  • Stock performance for Chevron and Exxon showed modest gains over the past six months.
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