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Donald Trump: “Fuel is coming way down. It's dropping like a rock, just…”

Featuring: Donald Trump, Republican | President of the United States | National

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President Trump Delivers Remarks, Jul. 1, 2026

Published | Video Starts at 1:01:58

48 years, they say, but let's say history. It was the worst inflation and prices were high. And those prices are all coming down. And you see Fuel is coming way down. It's dropping like a rock, just like I said, because those boats are coming out of the Hormuz Strait. They're coming out by numbers that nobody ever saw. We're setting records, actually. The oil is dropping. We have some great oilmen here. I don't know if they're happy or sad. (1:01:58–1:02:06)

CLAIM

Asserts that fuel prices are dropping significantly due to increased oil shipments from the Hormuz Strait.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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