Gas prices have increased by more than 22 percent since the week before Trump launched the US’s war on Iran.
Donald Trump is trying to spin skyrocketing oil prices caused by the war in Iran as good for 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 wrote in a Truth Social post Thursday morning, suggesting that Americans would see economic benefits as gas prices shoot up. That…
President Trump is working to quell fears about the war with Iran might affect the economy, predicting that increased oil prices will soon be coming down. Nancy Cordes has details.
President Donald Trump pivoted on concerns over rising oil prices, saying that it was poised to make the United States “a lot of money.” In a post on Truth Social, Trump suggested for the first time that rising oil prices were actually a good thing, as the U.S. is the world’s leading producer of oil.…
Americans are growing increasingly concerned with rising gas prices, and about half are blaming President Trump, per flash polling conducted Wednesday night by Morning Consult and shared with Axios.Why it matters: The spike in oil prices caused by the war is fast becoming a political liability for the White House — and threatening economic growth in the…
President Trump argued the U.S. benefits when oil prices go up on Thursday amid growing concerns over the impact of Washington’s operation in Iran on energy costs. “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 said in…
President Donald Trump says all the time that gas prices are dropping on his watch, but with the Iran war, he says rising oil costs are good for America.
