US oil groups in line for $63bn windfall from Gulf disruption

[In It to Win It]

https://www.ft.com/content/37d49e35-8d0e-4ea6-9db8-74183101f204

US oil companies stand to receive a windfall of more than $60bn this year if crude prices maintain the levels they have hit since the start of the Iran war.

Modelling by investment bank Jefferies estimates American producers will generate an extra $5bn cash flow this month alone following a roughly 47 per cent rise in oil prices since the conflict began on February 28.

If US oil prices remain elevated and average $100 a barrel this year, the companies will receive a $63.4bn boost from oil production, according to energy research company Rystad.

As Brent crude prices surged past $100 on Thursday, President Donald Trump boasted in a social media post: “The United States is the largest Oil Producer in the World, by far, so when oil prices go up, we make a lot of money.”

West Texas Intermediate, the US benchmark, settled at $98.71 a barrel on Friday.

The extra cash flow should benefit US shale companies, which have limited operations in the Middle East. But the picture is more complicated for the largest international oil companies.

[BeyondGeography]

1. See? Just like Trump said.

“We” are making a LOT of money off this.

[LetMyPeopleVote]

2. Trump's oil boast has cringing industry execs running for cover: report

The only entities making money due to higher oil and gas prices are the US oil companies. Regular people are NOT benefiting from higher oil and gas prices. trump's attempt to spin the benefits of higher gas and oil prices are pissing off the oil companies who really do NOT want US consumers to focus on the fact that they are paying for these oil companies' excess profits and earnings.

Trump's boastful Truth Social post about oil industry profits has created an embarrassing moment for energy executives who desperately want those windfall gains to remain out of public view.

— Raw Story (@rawstory.com) 2026-03-13T20:36:06Z

https://www.rawstory.com/trump-oil-2676098825/

Trump's boastful Truth Social post about oil industry profits has created an embarrassing moment for energy executives who desperately want those windfall gains to remain out of public view.

As crude oil prices settled around $95 per barrel—far above the industry's preferred $60 threshold—Trump declared on Truth Social: "The United States is the largest Oil Producer in the World, by far, so when oil prices go up, we make a lot of money."

The post crystallizes an uncomfortable reality for oil companies: they are profiting handsomely from war-driven price spikes while consumers face soaring gas prices at the pump. Since the Iran war began, crude prices have surged nearly $30 per barrel or more. Oil executives now face a public relations nightmare.

"The idea that the industry profits from war and death is not one a VP of public relations wants to promote," said Mark Jones, political science fellow at Rice University's Baker Institute.

Industry sources reacted with dismay. "Oh, boy...." one oil executive responded when shown Trump's post.

Trump's statement feeds directly into public perception that oil companies are deliberately gouging consumers. Another industry official, speaking anonymously, acknowledged the damage: "This highlights the complicated relationship the oil industry has with the president. There is also some notion that the oil and gas industry secretly works to raise prices, which is a fundamental misunderstanding of how the industry works."

[NoMoreRepugs]

3. Oil EXECS in line for ENORMOUS bonuses, that's what they don't want out there among us plebeians.

They could give a shit about consumers paying out the nose for gas and heating oil.

[LetMyPeopleVote]

4. trump is claiming that high gas costs are good (only for the oil companies)