Donald Trump to OPEC: Lower oil prices now
President Trump demanded Thursday that the Organization of Petroleum Exporting Countries immediately work to lower oil prices.
The president also suggested it was unfair that OPEC raises prices when, “We protect the countries of the Middle East, they would not be safe for very long without us.”
We protect the countries of the Middle East, they would not be safe for very long without us, and yet they continue to push for higher and higher oil prices! We will remember. The OPEC monopoly must get prices down now! Donald J. Trump (@realDonaldTrump) September 20, 2018
According to CNBC, oil prices reached over $70 a barrel on Wednesday, showing an increase of 8 percent in just the last month.