'We make a lot of money': Trump spins spiking oil prices as benefit for US [View all]

In a Truth Social post, Donald Trump suggested that the skyrocketing price of oil – which jumped back above $100 a barrel before dropping to $98 a barrel – would ultimately be beneficial for Americans who are facing increased gasoline prices at the pump.

“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,” the president – who campaigned on bringing down costs – wrote. “BUT, of far greater interest and importance to me, as President, is stoping an evil Empire, Iran, from having Nuclear Weapons, and destroying the Middle East and, indeed, the World. I won’t ever let that happen!”

On Wednesday Trump tried to assuage concerns over spiking gas prices. “I would say it went up a little bit less than we thought. It’s going to come down more than anybody understands,” the president told reporters in Ohio.

According to the American Automobile Association (AAA), the national average for a gallon of fuel is currently $3.59 – up from $2.94 a month ago.

https://www.theguardian.com/us-news/live/2026/mar/12/republicans-trump-iran-senate-majority-leader-john-thune-voter-id-bill-save-america-act-politics-live-news-updates

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How much money did y'all make the last time you filled your tank up, or bought groceries?