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How much worse will Trump's energy crisis get? And when will it end?
MSNBC· 2026-03-20 04:18
One thing about Donald Trump's war of choic inran that I have not been able to get out of my head is when last week Trump posted online the United States is the largest oil producer in the world by far. So when oil prices go up, we make a lot of money. Who exactly is the we there.Certainly not you. It's not the majority of people. A gallon of gas on average, as I'm sure you've noticed, hit $3 .88 today.Roughly a dollar more than what it was before the war began just a few weeks ago. And at least eight state ...
As Oil Prices Spike, G-7 Leaders Consider Releasing Reserves
The Wall Street Journal· 2026-03-09 19:44
Your fuel prices are skyrocketing because oil markets are in disarray. And things could get worse. In recent hours, US oil prices have skyrocketed past $110 a barrel, which are some of the most insane climbs in the record of the futures market in the US.More recently, they have paired back some of those gains. Now, this isn't cause for concern for the US economy yet, but it's an important psychological benchmark for global oil markets, and it will increasingly affect US consumers pump prices. The average pr ...
Trump Says Inflation Is 'at a Perfect Number'
Bloomberg Television· 2025-11-07 19:00
Now, just so you understand. Do you remember that the Biden administration had the highest inflation in 48 years, but most people say ever recorded. Do you remember that.Right. Do you remember it. Did they have the highest inflation in 48 years. Did they.Just answer me the question. You know the answer. The answer is yes.They had the worst inflation in 48 years. We have almost no inflation. We're down now to 2% and we'll be maybe 1%.You want to always stay above 1%. Actually, you want a little tiny bit of i ...