Trump's oil boast has cringing industry execs running for cover: report
Trump's boastful Truth Social post about oil industry profits has created an embarrassing moment for energy executives who desperately want those windfall gains to remain out of public view.
As crude oil prices settled around $95 per barrel—far above the industry's preferred $60 threshold—Trump declared on Truth Social: "The United States is the largest Oil Producer in the World, by far, so when oil prices go up, we make a lot of money."
The post crystallizes an uncomfortable reality for oil companies...