President Trump on Twitter:
“Just spoke to my friend MBS (Crown Prince) of Saudi Arabia, who spoke with President Putin of Russia, & I expect & hope that they will be cutting back approximately 10 Million Barrels, and maybe substantially more which, if it happens, will be GREAT for the oil & gas industry!”
Restricting supply will increase prices for consumers.
Just yesterday, Trump celebrated the decline in gas prices as like a massive tax cut: “Now, gasoline’s gonna be 99 cents a gallon and less, you know that. That’s already starting, it’s popping up — 99 cents. So that’s like giving a massive tax cut to people of our country.”Save to Favorites