https://www.live-feeds.com/feed/oil-giants-post-billions-in-profits-as-americans-feel-pain-at-the-pumpContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/oil-giants-post-billions-in-profits-as-americans-feel-pain-at-the-pumphttps://www.live-feeds.com/feed/oil-giants-post-billions-in-profits-as-americans-feel-pain-at-the-pump#u177138Thu, 05 Nov 2026 09:39:28 +0000Major U.S. oil and gas companies accumulated more than $130 billion in profits during the Iran war as tightening fuel supplies and Middle East conflicts drove a massive refining spike. Consumers nationwide faced steep costs at the pump, with AAA gas prices hitting $4.20 a gallon nationally. ExxonMobil and Chevron topped third-quarter expectations, posting billions in profits and higher refining revenues compared to previous periods. While corporate earnings surged from higher prices and record production, households continued to experience financial pressure on energy expenses.Why it mattersTh