---
title: "Hit by the economic fallout of the war at home, Trump cheers rising oil prices: \"We make a lot of money\""
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/279015286.md"
description: "With oil prices exceeding $100 per barrel, President Trump has expressed optimism about the economic opportunities this presents for the U.S., the largest oil producer globally. He highlighted the potential for significant profits despite the country grappling with record deficits and debt. Trump's comments reflect a focus on the financial benefits of rising oil prices amid ongoing economic challenges."
datetime: "2026-03-13T09:13:16.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/279015286.md)
  - [en](https://longbridge.com/en/news/279015286.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/279015286.md)
---

# Hit by the economic fallout of the war at home, Trump cheers rising oil prices: "We make a lot of money"

With oil above $100 and the economy on alert, Trump celebrates the price hike while the country faces record deficits and debt. On Thursday morning, with the price of oil back above $100 per barrel, President Donald Trump celebrated on his social media the great business opportunity. "The United States is the largest oil producer in the world, by far; therefore, when oil prices rise, we make a lot of money. BUT, of much greater interest and...

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