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US: Trump Reiterates Call For OPEC To Cut Oil Prices

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President Donald Trump, speaking at a North Carolina airfield, has told reporters that OPEC must cut the price of oil, but refused to expand on his administration's response if OPEC declines. The presser signals that the Trump White House will provide significantly more press access than the Biden White House, but that access may be unpredictable and offer little clarity on Trump's policy.

  • Q: “What do you plan to do if OPEC doesn’t cut oil prices?”
  • Trump: “We want to see OPEC cut the price of oil and that will automatically stop the tragedy taking place in Ukraine… It’s a crazy war… One way to stop the war quickly is for OPEC to stop making so much money and stop the price of oil…”
  • The ad hoc press availability is likely to be followed by additional remarks throughout the day as Trump tours sites in North Carolina damaged by Storm Helene and sites in Los Angeles damaged by recent wildfires.
  • The short presser may have provoked a new political issue for Republicans in Congress with Trump appearing to condition wildfire aid to California on the state adopting new voter ID rules and changing water policy.
  • Republican leaders in Congress are currently examining options to extend government funding and raise the federal debt limit in a bipartisan package that also includes supplemental funding for California. Any move to add conditions to wildfire aid risks losing Democrat votes, imperilling both govt funding and debt limit negotiations. 
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President Donald Trump, speaking at a North Carolina airfield, has told reporters that OPEC must cut the price of oil, but refused to expand on his administration's response if OPEC declines. The presser signals that the Trump White House will provide significantly more press access than the Biden White House, but that access may be unpredictable and offer little clarity on Trump's policy.

  • Q: “What do you plan to do if OPEC doesn’t cut oil prices?”
  • Trump: “We want to see OPEC cut the price of oil and that will automatically stop the tragedy taking place in Ukraine… It’s a crazy war… One way to stop the war quickly is for OPEC to stop making so much money and stop the price of oil…”
  • The ad hoc press availability is likely to be followed by additional remarks throughout the day as Trump tours sites in North Carolina damaged by Storm Helene and sites in Los Angeles damaged by recent wildfires.
  • The short presser may have provoked a new political issue for Republicans in Congress with Trump appearing to condition wildfire aid to California on the state adopting new voter ID rules and changing water policy.
  • Republican leaders in Congress are currently examining options to extend government funding and raise the federal debt limit in a bipartisan package that also includes supplemental funding for California. Any move to add conditions to wildfire aid risks losing Democrat votes, imperilling both govt funding and debt limit negotiations.