Donald Trump with Crown Prince Mohammed bin Salman Al Saud. Photo: Bandar Algaloud / Saudi Kingdom Council / Handout/Anadolu Agency/Getty Images

President Trump told reporters on Friday that "gasoline prices are coming down. I called up OPEC. I said, 'You got to bring them down. You got to bring them down.' And gasoline is coming down.'"

  • Later in the day Trump tweeted, "Spoke to Saudi Arabia and others about increasing oil flow."

But, but, but: The Wall Street Journal reports that Trump hasn't spoken with OPEC's secretary general or the oil minister with Saudi Arabia, OPEC's most powerful producer.

  • And per Bloomberg, Trump "hasn’t spoken to anyone at OPEC’s headquarters to discuss oil production."

The intrigue: White House Press Secretary Sarah Sanders, said in a statement Saturday, "The White House is in regular contact with the world’s leading energy producing nations, including OPEC members." She added... 

"As recently as last week, White House officials met with a delegation from the Saudi Ministry of Energy, which included high-level representatives to OPEC, in Washington to discuss global oil markets and to ensure global demand is met after all Iranian oil is removed from the market."

Where it stands: Oil prices are heading downward on Monday after dropping by roughly 3% on Friday, a stark contrast to the price spike that followed last Monday's announcement of tighter sanctions against Iran.

  • “The U.S. president clearly on-boarded the Saudis before tightening the screws on Iran,” PVM Oil Associates' Stephen Brennock tells Bloomberg.

The big picture: Trump has often prodded OPEC via Twitter to argue for lower oil prices.

  • The latest comments arrive at a tricky time for the administration, which is seeking to choke off more of Iran's crude exports without seeing rises in consumer costs that create domestic political risks.

Go deeper

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Facebook boycott organizers share details on their Zuckerberg meeting

Facebook is in the midst of the largest ad boycott in its history, with nearly 1,000 brands having stopped paid advertising in July because they feel Facebook hasn't done enough to remove hate speech from its namesake app and Instagram.

Axios Re:Cap spoke with the boycott's four main organizers, who met on Tuesday with CEO Mark Zuckerberg and other top Facebook executives, to learn why they organized the boycott, what they took from the meeting, and what comes next.

Boycott organizers slam Facebook following tense virtual meeting

Illustration: Sarah Grillo/Axios

Civil rights leaders blasted Facebook's top executives shortly after speaking with them on Tuesday, saying that the tech giant's leaders "failed to meet the moment" and were "more interested in having a dialogue than producing outcomes."

Why it matters: The likely fallout from the meeting is that the growing boycott of Facebook's advertising platform, which has reached nearly 1000 companies in less than a month, will extend longer than previously anticipated, deepening Facebook's public relations nightmare.

Steve Scalise PAC invites donors to fundraiser at Disney World

Photo: Kevin Lamarque-Pool/Getty Images

House Minority Whip Steve Scalise’s PAC is inviting lobbyists to attend a four-day “Summer Meeting” at Disney World's Polynesian Village in Florida, all but daring donors to swallow their concern about coronavirus and contribute $10,000 to his leadership PAC.

Why it matters: Scalise appears to be the first House lawmakers to host an in-person destination fundraiser since the severity of pandemic became clear. The invite for the “Summer Meeting” for the Scalise Leadership Fund, obtained by Axios, makes no mention of COVID-19.