Jim McGovern answers Trump's oil remark: we're paying a fortune, not making one
Jim McGovernU.S. representative from Massachusetts, posting on X
Rep. Jim McGovern wrote on X that Americans are not making a fortune from high oil prices but paying one.
“We're not making a "freaking fortune," we're PAYING a "freaking fortune."”
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Where this statement fits
Trump says the U.S. is "making a freaking fortune" from high oil prices; Democrats say drivers are paying for it
At a campaign rally in Perry, Georgia, on October 24, 2026, President Donald Trump said oil prices were temporarily high and that the U.S. oil and gas business was making hundreds of billions of dollars. He said his advisers had told him not to mention it because people were paying more, and added, "I don't give a damn. I'm gonna say it. We're making a freaking fortune." Democratic lawmakers and commentators said the remark showed he did not care about the cost to drivers.
Source and context
Original post
About this source
McGovern responds to Trump's remark about oil earnings and links to a Business Insider article on gas prices.
Reporting
About this source
International Business Times UK report on Trump's October 24, 2026, rally in Perry, Georgia. It quotes his remarks on oil industry earnings and his account of his staff's advice, and gives AAA's national average gasoline price for October 25, 2026, and October 2025.
Archived copy (opens in a new tab)Before the quotation
Trump told a crowd at a rally in Georgia on October 24 that the U.S. was making a fortune from oil, as drivers faced fuel prices more than $1 a gallon higher than a year earlier.
After the quotation
His post links to a Business Insider article.
How this statement is classified
The label describes this statement's response within the context above.
Why this label?
The reference point is Trump's October 24 remark that the U.S. is making a fortune from high oil prices while people pay more at the pump. McGovern rejects Trump's account of who gains from high oil prices and says Americans are the ones paying, a challenge to how Trump described the situation.
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“"I don't give a damn. We're making a freaking fortune." There is no slogan more fitting for this White House.”Read statement
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“Trump just said the quiet part out loud: He doesn't "give a damn" about higher gas prices, as long as his billionaire friends are making a fortune.”Read statement
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- Jim McGovern answers Trump's oil remark: we're paying a fortune, not making one
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The Dispute Index. "Jim McGovern answers Trump's oil remark: we're paying a fortune, not making one". First published: 2026-10-28. Last updated: 2026-10-28. https://disputeindex.com/events/7079-rep-jim-mcgovern-wrote-on-x-that-americans