Trump Claims Rising Oil Prices “Benefit” US as Americans Struggle With Higher Gas Costs
truthout.org
Gas prices have increased by more than 22 percent since the week before Trump launched the US’s war on Iran.

President Donald Trump is downplaying Americans’ concerns about rising oil and gas prices as a result of the U.S.-Israel war on Iran, claiming in a recent social media post that the price increases would somehow benefit the U.S. “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,” Trump claimed in a Truth Social post on…

Source

From Truthout via this RSS feed

  • thejoker954
    10·
    17 days ago

    Even if that were true (which it’s not), our economy would never see that money.

    • wildncrazyguy138@fedia.io
      11·
      17 days ago

      How so? The US is the #1 exporter or top 3 exporter of many refined petroleum products. I’d imagine some of that comes back into the economy.

        • wildncrazyguy138@fedia.io
          1·
          17 days ago

          This is inaccurate. The US exports appx 25% more than it imports. I’m all for hating on oil, but we shouldn’t let our biases allow us to ignore the facts, or worse, make them up. Thats a slippery slope.