Peter Schiff – X, Released on 3/12/26

Trump now takes the position that since the U.S. is the world's largest oil producer, high oil prices are good for us. If that's the case, why did he promise lower oil prices when he ran for office? Why didn't he promise higher prices so U.S. oil companies could make more money?

— Peter Schiff (@PeterSchiff) March 12, 2026