No BS Just Facts logo
No BS Just Facts
It might be boring, but it's just the facts.

← All stories · business

Bloomberg

Refiners Can’t Deliver Gas Price Relief Trump Wants, Says Stephen Schork

Tuesday, August 4, 2026


Stephen Schork, principal and editor at The Schork Group, stated that refiners have virtually no ability to increase capacity and deliver more gasoline and diesel products at lower costs. President Donald Trump said Monday that ExxonMobil Holdings Corp. and Chevron Corp. were making too much money as oil prices rose amid the war in Iran.

Original reporting: https://www.bloomberg.com/news/videos/2026-08-04/refiners-can-t-deliver-price-relief-trump-wants-schork-video

Next story

India Expands LIC Share Sale to $3.3 Billion on Strong Demand