For millions of American drivers already struggling with rising living costs, the message from President Donald Trump landed like a shock. In a social media statement that quickly spread online, Trump argued that higher oil prices were actually good for the United States. The claim triggered immediate backlash, as motorists across the country face mounting fuel bills and analysts warn that the global energy market is entering a turbulent period.
In his message, Trump wrote that the United States produces more oil than any other nation. Because of that, he argued that when global oil prices rise, the country earns more money.
