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

Bloomberg Markets Tuesday 04 August 2026, 12:26 UTC 1 min read

Key Points

Aug 4th, 2026 Refiners Can’t Deliver Gas Price Relief Trump Wants, Says Stephen Schork Stephen Schork, principal and editor at The Schork Group, says refiners have virtually no ability to increase capacity and deliver more gasoline and diesel products and lower costs for consumers. President Donald Trump scolded ExxonMobil Holdings Corp. and Chevron Corp. Monday for making too much money as oil prices surged amid the war in Iran.

Stephen Schork (PERSON) Stephen Schork Stephen Schork (PERSON) The Schork Group (ORG) Donald Trump (PERSON) ExxonMobil Holdings Corp. (ORG) Chevron Corp. (ORG) Iran (LOCATION)

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

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