Birdwatch Note Rating
2024-10-16 20:12:35 UTC - HELPFUL
Rated by Participant: FC6AC0824847B6CFE23B3151C5541D3A9F6F714AB26AD5DF106B219003E496F8
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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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