Is Saudi Arabia about to spoil one of Trump's favorite talking points?

Don't get used to cheap gas ...

President Trump.
(Image credit: Illustrated | Pete Marovich/Getty Images, Library of Congress)

One thing President Trump has never lacked is a salesman's ability to hype a deal. And one of the deals Americans most covet is cheap gasoline — which means cheap oil.

Since hitting a recent peak of $84 a barrel in early October, oil has plunged around 20 percent in price. True to his nature, Trump has been quick to take credit: "If you look at oil prices, they've come down very substantially over the last couple of months," Trump said last week. "That's because of me."

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Jeff Spross

Jeff Spross was the economics and business correspondent at TheWeek.com. He was previously a reporter at ThinkProgress.