Trump: Oil, gas prices coming down

United States President Donald Trump took to Truth Social on Monday to hail the fact that oil and gas prices have been in decline since the country signed the memorandum of understanding (MoU) with Iran. In one post, Trump insisted that gas prices are “going down, fast,” while also urging the public to “report any abuses at retail level.”In another, Trump noted that the price of West Texas Intermediate (WTI) is at $69 per barrel, and “heading down.” “This is less than it was prior to the start of the Denuclearization of Iran!” he claimed.

NN:  Trump  is right oil prices are at the same level when the straights were supplying  20 million barrels per day. With the oil market in deficit of 900 million barrels how is this possible? Well let me explain this mystery. Its called price manipulation to get gasoline prices under $3.00 a gallon for the elections. They can do this by moving delivers forward too temporarily plug the gap. The problem is the world will be short oil for the coming winter heating season. And it is my prediction prices will pop up again.