Oil companies are gaining billions form the Iran war, thanks to Trump

Didn't you guys elect Trump on "drill, baby, drill"? You know, American energy independence brought to you by publicly traded for-profit companies.

 

Oil giants to gain ‘billions’ from Iran war – but won’t ramp up drilling despite Trump’s insistence | New York Post

 

 

"The US energy industry is bracing for a huge windfall from the Iran war, but oil majors aren’t planning to ramp up drilling – even as the Trump administration pushes them to lower gasoline costs."

 

"But oil majors are reluctant to build out more rigs and wells, resisting White House pressure as they claim their bumper profits are just a temporary boost."

 

 

 

 

 

Originally posted by: MaxFlavor

Didn't you guys elect Trump on "drill, baby, drill"? You know, American energy independence brought to you by publicly traded for-profit companies.

 

Oil giants to gain ‘billions’ from Iran war – but won’t ramp up drilling despite Trump’s insistence | New York Post

 

 

"The US energy industry is bracing for a huge windfall from the Iran war, but oil majors aren’t planning to ramp up drilling – even as the Trump administration pushes them to lower gasoline costs."

 

"But oil majors are reluctant to build out more rigs and wells, resisting White House pressure as they claim their bumper profits are just a temporary boost."

 

 

 

 

 


  The reluctance by the oil companies to drill new wells is asinine. President Trump is not at fault for their decision. They really have no excuse because they now have the funds to drill. 

This is one of the reasons the Turd started the war. A cutoff of Middle East oil supplies makes Big Oil's stash more valuable. So they slipped a few billion into his pocket and whispered "Bomb, baby, bomb." It's gone better than they could have dreamed. They're selling the exact same product for a 50% price increase--with NO cost increase!

 

Why on earth would they increase supply? That would lower prices and cut into their profits. They make their billions from the pain of the American consumer. Why would they do anything to alleviate it?

 

Trump is their puppet. He seems to have really thought they would listen to him. That's dumb, baby, dumb.

Edited on Jul 10, 2026 8:58pm
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