Trump Brags U.S. Is Making A ‘Fortune’ Off High Gas Prices As Oil Hits Highest Price in Nearly 6 Months

Key Points:

• President Donald Trump highlighted the substantial profits the U.S. oil and gas industry is making due to high oil prices during a midterm rally in Georgia, despite advisors advising against mentioning it.
• Trump acknowledged potential backlash from the media, dismissing concerns by stating he would openly brag about the "frickin fortune" being made while consumers face high pump prices.
• This rhetoric aligns with Trump's recent speeches, including one in Arizona, where he claimed the country is earning unprecedented revenue because of elevated oil prices.
• The comments coincided with Brent Crude oil reaching a near six-month high, trading around $116 per barrel, underscoring the global context of rising energy costs.
• Additional political news includes legal and electoral developments involving Trump and ongoing DOJ actions in California, as well as international issues such as Melania Trump's involvement in a ceasefire deal and U.S. requests to modify Starlink services.