Birdwatch Archive

Birdwatch Note Rating

2024-10-16 18:47:19 UTC - NOT_HELPFUL

Rated by Participant: 6E65B92667D2C9DCF922221BCBB65F68011582098013AE67CCC6B07E6CA6A20D
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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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