Trump says oil companies should cut gas prices after making "too much money"

TL;DR

President Trump urged U.S. oil companies to lower gasoline prices, stating they profited excessively from high oil prices related to the Iran war.
Trump specifically criticized Chevron and ExxonMobil, saying they made "too much money" and should "give some of that back to the public" by lowering retail prices.
High fuel costs are causing financial difficulties for about half of Americans, with many believing the Trump administration isn't sufficiently focused on lowering consumer prices.
The article details that crude oil cost is the largest factor in U.S. gasoline prices (51%), followed by refining (20%) and marketing/distribution (11%).
Former President Joe Biden also previously criticized oil companies for their profits during his tenure due to inflation.

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