Trump Says US, Global Diesel Prices to Fall Sharply and Quickly
JH Kim
Summary
- President Donald Trump said diesel prices in the US and around the world would fall sharply and quickly.
- Trump wrote on social media platform Truth Social that diesel prices would come down quickly by a record amount.
- He did not provide specifics on the scale of the diesel prices decline, the expected timing, or the basis for the outlook.
Forecast Trend Report by Period
President Donald Trump said diesel prices in the US and around the world would fall sharply and quickly.
On October 9, Trump wrote on his social media platform Truth Social that diesel prices for Americans, as well as for the rest of the world, would "come down quickly by a record amount."
He used the post to emphasize his expectation that diesel prices will decline.
Trump did not provide details on the size of the expected drop, when it might happen, or what his outlook was based on.
JH Kim
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