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Trump says he called OPEC and told cartel to bring oil prices down

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U.S. President Donald Trump, speaks with Mohammed bin Salman, the Kingdom of Saudi Arabia's deputy crown prince and minister of defense, left, in the Oval Office of the White House in Washington, D.C., U.S., on Tuesday, March 14, 2017.

Mark Wilson | Pool via Bloomberg

U.S. President Donald Trump, speaks with Mohammed bin Salman, the Kingdom of Saudi Arabia’s deputy crown prince and minister of defense, left, in the Oval Office of the White House in Washington, D.C., U.S., on Tuesday, March 14, 2017.

President Donald Trump on Friday said he “called up” OPEC and told the producer group to take action to bring down fuel costs, making a dubious claim that gasoline prices are already falling.

“The gasoline prices are coming down. I called up OPEC. I said, ‘You’ve got to bring them down. You’ve got to bring them down, and gasoline’s coming down,” Trump told reporters en route to a National Rifle Association event in Indianapolis.

In fact, the national average for a gallon of regular gasoline is $2.883 per gallon, up from $2.877 a day ago and $2.839 a week ago.

This is breaking news. Please check back for updates.

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