Birdwatch Note Rating
2024-10-16 21:38:54 UTC - NOT_HELPFUL
Rated by Participant: BB146DC8F696CAF020F6C9E02E0E283A3C39CC0EFC829AC0797A5FC8D285132E
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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