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Big Oil’s $23B Hormuz Exploits | Alex Jacquez | TMR

2026-05-31 News & Politics
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Description

Live-streamed on May 27, 2026. Alex Jaquez, Chief of Policy & Advocacy at Groundwork Collaborative, joins the show to discuss an analysis from Groundwork entitled: “Big Oil Racks Up Windfall Profits While Consumers Pay Higher Prices”. Watch the Majority Report live Monday–Friday at 12pm EST on YouTube or http://www.Majority.fm Alex's work: https://groundworkcollaborative.org/work/big-oil-racks-up-windfall-profits-while-consumers-pay-higher-prices/ https://groundworkcollaborative.org/ To connect and organize with your local ICE rapid response team visit ICERRT.com The Congress switchboard number is (202) 224-3121. You can use this number to connect with either the US Senate or the House of Representatives. Send us IM messages during the live-stream with our free Majority Report App: http://majority.fm/app Subscribe to MR's daily AM Quickie newsletter: https://am-quickie.ghost.io Find all your MR merch at our store: https://shop.majorityreportradio.com Become a Majority Report member: https://fans.fm/majority/join More from the MR crew: Bryan Vokey https://www.instagram.com/mrbryanvokey Matt Binder DOOMED https://www.youtube.com/MattBinder Brandon Sutton DISCOURSE https://www.youtube.com/@Th3Discourse Emma Vigeland https://www.instagram.com/emmavigeland/ Matt Lech LEFT RECKONING https://www.youtube.com/LeftReckoning Our alt YouTube: https://www.youtube.com/majorityreportlive Image Credit, Maran Poseidon https://www.rawpixel.com/image/5922225/photo-image-background-public-domain-ocean https://creativecommons.org/publicdomain/ Image has been cropped and color has been altered.

Top Comments (10)

@chroniccomplainer6693 2026-05-31

kudos to Sam for not letting the guest hand wave big oil’s influence in the war’s continuation

13
@Peppinr 2026-05-31

I wish Emma had a chance to speak more!!

9
@tylerhackner9731 2026-05-31

No more big oil!

17 1 replies
@DilbertChan 2026-06-01

It is a multi-generational crime how the automobile industry brainwashed people back in the 50s to force car dependency on everyone. If not for our car dependent society, we might not be in this mess today with the petro dollar, among many other problems created by the car lobby.

2
@nearthefarworld 2026-05-31

We COULD go all out for nationalizing the oil. Americans have no self respect though. Iranians pay 15 CENTS per gallon

8
@magfam9980 2026-05-31

They just said 6 years telm we get back to $3 gas, so not when war is over

4
@czarekp3552 2026-05-31

Trump promised them a windfall didn't he?

4
@rs72098 2026-06-01

*$151.83* Exxon stock price on 3-3-2026, one day AFTER the strait of Hormuz was blocked. *$149.33* Exxon current stock price today.

1
@rs72098 2026-06-01

Give back to shareholders? 😂 Exxon stock has barely moved since this started. It's more like the CEO and board of directors are keeping the profits for themselves.

1
@jebbrown5961 2026-05-31

Biggest shareholders of oil stocks are most likely retirement investment accounts like Vanguard, Fidelity, et al. Over time, price volatility discourages oil exploration, and oil companies actually make less $ than they would w stable predictable prices and lower liability for their infrastructure. Really sucks when you spend billions and rigs are destroyed by war.

0

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