$30 million an hour. Every hour. While you pay more for gas. Sign the petition.
In the first month of Donald Trump's war with Iran, the world's top 100 oil and gas companies banked more than $30 million in windfall profits—every single hour.1
ExxonMobil is now worth $118 billion more than before the war. Shell has gained $34 billion. And if oil prices hold—analysts expect them to climb if the conflict continues—ExxonMobil will pocket $11 billion in unearned war profits in 2026 alone. Chevron is on track for $9.2 billion. Shell, $6.8 billion.1
Meanwhile, Chevron's CEO sold $104 million in company shares between January and March.2
Add your name: Tell Congress to pass a windfall profits tax on Big Oil.
We've seen this before. Fossil fuel companies exploit crises to lock in profits while families pay more.3 A windfall tax is a higher, one-time tax on companies that make massive, unexpected profits from events outside their control—like a war. In short, if you get lucky at the public's expense, you don't get to keep the profits.
The good news: There's already a bill. Senator Sheldon Whitehouse and Congressman Ro Khanna have reintroduced the Big Oil Windfall Profits Tax Act, which would require companies like ExxonMobil and Chevron to pay an estimated $33 billion annually—money that would go back directly to consumers as rebates.4
The Iran war is a humanitarian crisis, a climate assault, and an economic weight bearing down on working people. All while further enriching billionaires.5 To build a more just future, we have to confront corporate power. Making war profiteering expensive is a step in the right direction.
Add your name: Tell Congress to pass a windfall profits tax on Big Oil.
Brick by brick,
Monique Teal, Three Point Five
"$30m an hour: big oil reaping huge war windfall from consumers, analysis finds," The Guardian, April 15, 2026 https://www.theguardian.com/environment/2026/apr/15/big-oil-huge-war-windfall-consumers
"Oil CEOs Raked in Money From Trump’s Iran War," Wall Street Journal, April 08, 2026 https://www.wsj.com/business/energy-oil/oil-ceos-raked-in-money-from-trumps-iran-war-74486920
"We Need To Tax the Corporations Cashing In On the Iran War," In These Times, April 14, 2026 https://inthesetimes.com/article/corporations-iran-war-trump-hormuz
"As Trump’s War Surges Gas Prices, Whitehouse and Khanna Reintroduce Big Oil Profits Clawback to Provide Relief at the Pump," U.S. Senate Committee on Environment and Public Works, March 17, 2026 https://www.epw.senate.gov/public/index.cfm/2026/3/as-trump-s-war-surges-gas-prices-whitehouse-and-khanna-reintroduce-big-oil-profits-clawback-to-provide-relief-at-the-pump
"Who Could Profit From an Energy Crisis?," The New York Times, March 03, 2026 https://www.nytimes.com/2026/03/03/climate/iran-energy-crisis-climate.html