Trump says oil supermajors are making too much money. The U.S. president lashed out last week at U.S. oil majors Exxon and Chevron for making “too much money” off higher fuel prices amid the Iran war and reiterated his demand for lower prices at the pump. “So, this raises a question: if they didn’t give more money to shareholders, what did the supermajors do with the cash windfall?” From the perspective of oil majors, price spikes are a feature, not a bug,” he added. Alongside Trump’s criticism, political pressure on the oil and gas industry’s wartime profits has been growing over recent weeks.