Birdwatch Archive

Birdwatch Note Rating

2024-10-16 19:38:12 UTC - NOT_HELPFUL

Rated by Participant: 8FCCDB5805B9F84B18137A85889FDA489259B95DA1D4387595C6AC0C22113AA2
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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