Birdwatch Note Rating
2024-10-17 14:11:08 UTC - HELPFUL
Rated by Participant: 90F8163D946ECA238588A72C8FB64B76E535F5046A7D07B453F701F543A3DDC9
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
All Note Details