Birdwatch Archive

Birdwatch Note Rating

2024-10-16 19:32:41 UTC - HELPFUL

Rated by Participant: 8BE5A3D430F2A1458F11E4B69FE967A7E98509F5EFA1928F8B90225AB42922CC
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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All Information

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