Thursday, 14 June 2018

Trump: OPEC is guilty of high oil prices

US President Donald Trump has made another accusation. This time, he blamed OPEC for high oil and fuel prices. And no doubt, most Americans probably think the same way.
Oil has risen more than twice since the beginning of 2016, after reaching levels of less than $30 at that time. And to date, US consumers are facing the highest fuel prices at petrol stations in 2014.
On Wednesday, the price of a gallon of normal fuel was at an average of 2.91 dollars, or an increase of 25%, a year earlier, according to AAA data.
The price of oil is too high, OPEC is behind that. It's not good, tweeted Donald Trump on Wednesday morning.


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