Washington Examiner

Trump pivots to celebrate rising oil prices: ‘We make a lot of money’

Mar 12, 2026Center Right

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.…

Read Full Story at Source

Compare coverage

6 related stories from other outlets

Trump Desperately Tries to Convince America Rising Oil Prices Are Good

The New Republic

Mar 12, 2026

Top Match

Trump Desperately Tries to Convince America Rising Oil Prices Are Good

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…

Left

Read →

Trump Says Rising Oil Prices “Benefit” US as Americans Struggle With Gas Costs

Truthout

Mar 12, 2026

Top Match

Trump Says Rising Oil Prices “Benefit” US as Americans Struggle With Gas Costs

Gas prices have increased by more than 22 percent since the week before Trump launched the US’s war on Iran.

Far Left

Read →

Trump says rising oil prices are "just a matter of war" and will come down

CBS News

Mar 11, 2026

Top Match

Trump says rising oil prices are "just a matter of war" and will come down

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.

Center

Read →

We make a lot of money': Trump tries to convince people that high oil prices are good

Raw Story

Mar 12, 2026

Good Match

We make a lot of money': Trump tries to convince people that high oil prices are good

Two weeks into the war with Iran, President Donald Trump said that he had concluded that high oil prices benefit America."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," the U.S. President wrote in a Truth Social post on Thursday. "BUT, of far greater interest and importance to me, as…

Far Left

Read →

Trump: ‘When oil prices go up, we make a lot of money’

The Hill

Mar 12, 2026

Good Match

Trump: ‘When oil prices go up, we make a lot of money’

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…

Center

Read →

The Washington Times stories: Politics

Mar 12, 2026

Good Match

Trump says U.S. will 'make a lot of money' from higher oil prices

President Trump said Thursday there is an upside to rising oil prices as a result of the war against Iran -- the U.S. will make money as a major producer.

Center Right

Read →