Birdwatch Archive

Birdwatch Note Rating

2024-10-16 21:26:15 UTC - NOT_HELPFUL

Rated by Participant: 811340D3E4E567F5BD4237AA55AC0434BD1BE0CC8E09178D18EC1E8E1330DFFF
Participant Details

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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