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Fact-check · Oct 1, 2026 · Donald Trump

“They said oil would go to $304,100 dollars a barrel. Well, today it's at 90”

MISLEADING
What the record shows
WTI crude at $89.57/bbl, Brent at $96.76/bbl as of Oct 1, 2026. One fringe social media post predicted oil could exceed $300/bbl; no credible agency forecast $304,100/bbl.

Current price claim is accurate. But the $304,100 prediction appears to conflate an extreme fringe social media post ($300+) with official forecasts. No credible energy agency made such a prediction.

Sources
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From: President Trump Participates in a Site Visit, Oct. 1, 2026

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