Trump touts both low and high oil prices, crediting his 'friend' the Saudi prince

There are not many bright spots in the coronavirus pandemic, but President Trump during the past few weeks has managed to find one: With the world’s economy at a near-standstill, demand for gasoline has collapsed. And with Saudi Arabia and Russia fighting for market share and keeping production up, prices at the pump have fallen precipitously. By this week, however, Trump was becoming cognizant of the downside of lower oil prices — namely, the economic damage they would inflict on America’s own energy companies.