$30 million an hour. Every hour. While you pay more for gas. Sign the petition.
In the first month of the 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 began. Chevron's CEO sold $104 million in company shares between January and March.2 If oil prices hold at current rates, 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
This is war profiteering. And it has to stop.
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.3 It’s a necessary check on corporate greed.
The Iran conflict is a humanitarian crisis, a climate assault, and an economic burden on working families—while making Big Oil and their shareholders richer by the hour.4 Americans deserve better than a system that lets fossil fuel companies exploit tragedy for profit while consumers pay more.5
Add your name: Tell Congress to pass a windfall profits tax on Big Oil.
"$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
"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?," TheNew York Times, March 03, 2026 https://www.nytimes.com/2026/03/03/climate/iran-energy-crisis-climate.html
"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
