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Story summary
- U.S. President Donald Trump blamed “Big Oil” for high gas prices and urged price cuts on August 5 2026.
- The Wall Street Journal board said Trump’s demand is unusual for a president and called his oil-profit critique hypocritical because of his cryptocurrency gains in office.
- Trump said a firm that earned twelve times its prior-year profit should return earnings to public.
- Trump rebuked Chevron CEO Mike Wirth for not crediting him for firm’s success.
