Birdwatch Note Rating
2024-10-16 18:45:57 UTC - HELPFUL
Rated by Participant: 36BC3E7408D542F482CF1F352A135AAD3D8A6FDD3B70BE87FE93A4C428EF5937
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Original Note:
Oil prices increased from -$35 a barrel to $55 a barrel in the last 9 months of Trump’s presidency. Oil sits around $70 today, which is a 45% decrease from the 2022 peak of $125. This has not resulted in a reduction in prices of goods so the theory simply is not supported. https://tradingeconomics.com/commodity/crude-oil
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