Pritzker asks oil CEOs to return Iran war windfall profits to Illinois consumers: 'You owe it to the people'
JB Pritzker on Wednesday penned letters to the U.S. CEOs of seven major oil companies, accusing them of "profiteering" from the war in Iran and imploring them to return windfall profits to Illinois consumers, among other demands.</p><p>It's a rare agreement between the Democratic governor and President Donald Trump, who on Monday railed against Chevron and Exxon Mobil for high profits amid the Iran war and said they should "give some of that back to the public."</p><p>"Under the guise of supply disruptions from war in the Middle East, your companies are collecting windfall profits from the hardworking families and businesses in Illinois," <a class="Link" href="https://cms.chicago.suntimes.com/cms/content/edit.jsp?id=0000019f-d309-dc99-abff-df9b8d6f0000&typeId=8195a523-335e-3fbb-a4c1-12dbad30b87e" target="_blank" >Pritzker writes in the letter</a> to the CEOs of Shell, Exxon Mobil Corp., Chevron Corp., Continental Resources Inc., bp America, ConocoPhillips and Occidental Petroleum Corp.
Reported by 1 outlet — Chicago Sun-Times. See all sources ↓
JB Pritzker on Wednesday penned letters to the U.S. CEOs of seven major oil companies, accusing them of "profiteering" from the war in Iran and imploring them to return windfall profits to Illinois consumers, among other demands.</p><p>It's a rare agreement between the Democratic governor and President Donald Trump, who on Monday railed against Chevron and Exxon Mobil for high profits amid the Iran war and said they should "give some of that back to the public."</p><p>"Under the guise of supply disruptions from war in the Middle East, your companies are collecting windfall profits from the hardworking families and businesses in Illinois," <a class="Link" href="https://cms.chicago.suntimes.com/cms/content/edit.jsp?id=0000019f-d309-dc99-abff-df9b8d6f0000&typeId=8195a523-335e-3fbb-a4c1-12dbad30b87e" target="_blank" >Pritzker writes in the letter</a> to the CEOs of Shell, Exxon Mobil Corp., Chevron Corp., Continental Resources Inc., bp America, ConocoPhillips and Occidental Petroleum Corp. "That’s the very definition of profiteering, and you owe it to the people of my state and the nation to disgorge those excess profits and provide meaningful price relief to consumers."</p><p>American oil and gas companies are taking in massive profits while fighting between the U.S. and Iran hinders petroleum shipments.
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- What's the story?
- JB Pritzker on Wednesday penned letters to the U.S. CEOs of seven major oil companies, accusing them of "profiteering" from the war in Iran and imploring them to return windfall profits to Illinois consumers, among other demands.</p><p>It's a rare agreement between the Democratic governor and President Donald Trump, who on Monday railed against Chevron and Exxon Mobil for high profits amid the Iran war and said they should "give some of that back to the public."</p><p>"Under the guise of supply disruptions from war in the Middle East, your companies are collecting windfall profits from the hardworking families and businesses in Illinois," <a class="Link" href="https://cms.chicago.suntimes.com/cms/content/edit.jsp?id=0000019f-d309-dc99-abff-df9b8d6f0000&typeId=8195a523-335e-3fbb-a4c1-12dbad30b87e" target="_blank" >Pritzker writes in the letter</a> to the CEOs of Shell, Exxon Mobil Corp., Chevron Corp., Continental Resources Inc., bp America, ConocoPhillips and Occidental Petroleum Corp.
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- 1 outlet, average source rating 6.0/10.
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- just now ago.
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Pritzker asks oil CEOs to return Iran war windfall profits to Illinois consumers: 'You owe it to the people'
Sources1TypeCoverageChicago Sun-Times