Birdwatch Note Rating
2024-10-16 18:49:13 UTC - HELPFUL
Rated by Participant: 99711325245A3E998D1BF484DDDD64383D4D9944019FA9B374EAC860CF9954D5
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