President Donald Trump tweeted plunge in oil prices would benefit Americans.
In a series of tweets, Trump also said the associated plunge in oil prices would benefit Americans: “Good for the consumer, gasoline prices coming down!”The spread of the virus around the world – and a mounting death toll from Covid-19, the disease it causes – has rattled global markets. On Monday, major US stock indexes dropped 7% with the Dow Jones Industrial Average plummeting 2,000 points after oil prices slumped as much as 22%.
Blame it on Trump's greed. Increasing shale oil outputs.
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