UPDATED 11:18 a.m. PT – Wednesday Nov. 21, 2018
Pres. Trump applauds the low oil prices comparing it to the Tax Cuts and Jobs Act.
On Twitter Wednesday the president thanked Saudi Arabia for the low oil prices, saying a barrel went from $82 to $54 and he wants to continue getting that price lower. He then said it’s like a big tax cut for America and the world.
Oil prices getting lower. Great! Like a big Tax Cut for America and the World. Enjoy! $54, was just $82. Thank you to Saudi Arabia, but let’s go lower!
— Donald J. Trump (@realDonaldTrump) November 21, 2018
The president’s tweet comes one day after he released a statement reaffirming the U.S. alliance with Saudi Arabia.