It's very hard to make predictions because it's not just today's supply and demand, it's perception of future supply and demand. Here's where President Trump's activities have been so helpful. I mean, Oil prices and gasoline prices today are cheaper than they were four years ago during the Biden administration with the Russian invasion of Ukraine. There was not an interruption of oil flows then. But the Biden administration was admitted in the middle of its attack on the American oil and gas industry. (03:18–03:28)
CLAIM
Asserts that current oil and gasoline prices are cheaper than during the Biden administration's response to the Russian invasion of Ukraine.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
