Trump Brags Oil Prices Didn't Go Up as Much as Some Thought
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Trump Brags Oil Prices Didn't Go Up as Much as Some Thought
"Everybody was wrong, Trump said. They thought that energy would be at $300, right? Three hundred dollars a barrel. And it's, like, at $100. And I think going down."
"I see it going down very substantially when this is over, Trump said. I think very rapidly too at levels that you've never seen."
"There's a lot of energy out there. Ships all over the world that are loaded up with it. They can't do much with it because they got kidnapped by a pretty evil place, but we're taking care of it."
President Trump expressed confidence in the oil market, stating that critics had wrongly predicted prices would reach $300 per barrel. He noted current prices are around $100 and suggested they would decrease significantly. Despite rising gas prices, averaging $4.45 per gallon, Trump remained optimistic about future energy availability. He mentioned that there is a substantial amount of energy globally, although some shipments are hindered by geopolitical issues. His remarks were made during a small business summit at the White House.
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