Trump Says High Oil Prices Will Make US ‘a Lot of Money’

  • by:
  • Source: Daily Signal
  • 03/13/2026
President Donald Trump believes the increase in oil prices will actually benefit the United States, he said in a Thursday morning Truth Social post.

“The United States is the largest Oil Producer in the World, by far, so when oil prices go up, we make a lot of money,” Trump said. He did not specify in the post how the U.S. would benefit from higher prices.

However, the president said he’s more concerned about stopping Iran from obtaining a nuclear weapon.

“BUT, of far greater interest and importance to me, as President, is stop[p]ing an evil Empire, Iran, from having Nuclear Weapons, and destroying the Middle East and, indeed, the World,” he wrote. “I won’t ever let that happen!”

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