ICYMI: Inside Climate News: Farmers Are Going Broke Amid Rising Gas Prices, While the Ag Secretary Profits Off Them
tags
Trump brags that he rakes in billions of dollars on stocks for “the U.S.A.”
Diesel prices hit a record high right before harvest season, while Americans faced the highest Labor Day gas prices on record over the weekend
Washington, DC – As Americans face record-high prices at the pump, Trump and members of his administration are making millions off their pain. Trump himself has made as much as $15.5 million from windfall Big Oil profits thanks to his war of choice in Iran. Members of Trump’s administration stand to gain as well, with Secretary of Agriculture Brooke Rollins reportedly holding as much as $2.5 million in oil and gas investments. In Q2 alone, oil and gas companies raked in $85.2 billion in profits.
While Trump sits in the Oval Office watching his stocks rise, Americans have spent $100 billion more at the pump thanks to his war, a number that rises by $1 million every two minutes. Trump reassured the country this morning by claiming that his hard work growing his own stock portfolio is all for their benefit, but anyone who has filled up their tank in the last six months might not agree.
Inside Climate News: Farmers Are Going Broke Amid Rising Gas Prices, While the Ag Secretary Profits Off Them
As farmers grapple with soaring diesel and fertilizer prices and the Department of Agriculture yanks support for cheaper, renewable forms of energy, the agency’s chief, Brooke Rollins, is carrying millions in highly profitable oil and gas investments…
“Farmers have spent a billion and a half [dollars] just on additional costs for diesel because of the Iran war,” said former Washington Gov. Jay Inslee, a former presidential candidate who campaigned on progressive climate policies. “American farmers are paying through the nose for this.”
Inslee is currently working with Climate Power, a strategy and communications group that’s working to push climate and clean energy policies…
“This administration is a dumpster fire of corruption and self dealing,” Inslee said. “This is just typical of an administration that is costing Americans money while they feather their own nest.”