Week in Review | Big Oil Makes a Killing as Trump's Iran Quagmire Deepens
Support independent journalism Without readers like you, we wouldn’t exist. DONATE Sunday, August 2, 2026 Exxon, Chevron Post $26.5 Billion in Combined Profits as High Gas Prices Pummel Americans "While Americans suffer from high prices and the Iran war imposes tens of billions of dollars of new costs on the American public, the oil industry wins big." July 31, 2026 'Corruption on Steroids': Republicans Kill Effort to Prevent Trump Tax Audit Immunity "Trump’s sweetheart audit immunity deal is perhaps the most brazenly corrupt action taken by a president in American history," said one top Senate Democrat. July 31, 2026 Republicans on the Senate Finance Committee voted Thursday to block a Democratic amendment that would have prohibited the Internal Revenue Service from giving sweeping tax audit immunity to President Donald Trump , his family, and their businesses. If passed, the amendment would have nullified a central element of the deal that the US...