Under Biden, when we had hundred dollar oil, you were seeing 4, 5, 6, $7 a gallon of gasoline. That really hurts consumers. Yeah. Crushing middle and lower class families even more than anybody else. I will say this, If you see oil prices plummet, so let's say they drop from the 60s down to say the 40s or below. It hurts a lot of people. That's when it starts doing real damage in particular to the independent producers, the small guys in West Texas and the Permian. (04:00–04:07)
CLAIM
Asserts that a drop in oil prices to $40 or below would cause significant harm.
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.
