Friday, April 6, 2012

Trump: Obama Has Deal With Saudis to Cut Oil Prices Before Election

Billionaire developer Donald Trump says President Barack Obama has made a secret deal with Saudi leaders to cut oil prices, and thereby gasoline prices, ahead of the 2012 election.

"Even though gasoline and oil prices are going through the roof, I have no doubt in my mind that President Obama made a deal with the Saudis to flood the markets with oil before the election, so he can at least keep it down a little bit," Trump says in an Internet video as part of his series "From the Desk of Donald Trump."

Oil now stands at $103 per barrel, and gasoline prices average $3.94 across the United States.
After the election, the oil market is going to be a mess, Trump says.

“If he [Obama] wins, oil and gasoline shoot through the roof like never before. Let's hope he doesn't win. I believe a deal was made. It's a sinister deal, but let's see whether or not I was right."

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