Trump Promises Oil Prices Down ‘Very Soon’ At Mississippi Rally For Hyde-Smith

CORINTH, Mississippi — President Donald Trump told a rally crowd at the Crossroads Arena in Corinth on Monday night that the price of oil would come down “very soon,” campaigning for Senator Cindy Hyde-Smith eight days before the midterm elections, in a Mississippi Senate race that has tightened in its closing stretch. It was the president’s first visit to Mississippi in seven years, and his speech ran for more than an hour and a half.

The Oil Promise

Trump said he had expected oil prices to go much, much higher because of the war in the Middle East, and told the crowd they would instead get cheaper, pointing to gasoline he said he had seen in Iowa at $1.85 and $1.95 a gallon. He called a temporary ceasefire between the United States and Iran a waste of time. “Two years ago, we were laughed at all over the world,” he said. “They didn’t respect us, they didn’t respect our leadership. And now, every single leader in the world considers us to be the strongest, the hottest country.” Speaking in one of the nation’s poorest states, he told Mississippians their incomes were the highest they had ever been and that the state’s poverty rate had reached its best and lowest level in history.

Watch: The Full Rally

President Trump’s full remarks at the Crossroads Arena in Corinth, Mississippi, on Monday night. Video: RSBN.

‘Check Your 401(k)’ — And A $5,000 Promise

“If you have any doubt, before you go vote, pick up your 401(k) and check it out,” Trump told the crowd. “You’ve made more money than you’ve ever made in your life.” He closed the speech with a promise of $5,000 checks for all adult citizens if Republicans win majorities in both chambers of Congress, a measure whose legality experts have debated and which the president said would cost the country $1 trillion. Earlier, interrupted by a lone heckler, he asked voters to pretend he was on the ballot and said he wanted a landslide too big to rig. He also answered former President Barack Obama, who had said over the weekend that Trump had made the White House look like Saddam Hussein had opened a Cheesecake Factory; Trump called the restaurant company very successful and said Obama did not like successful companies. On crime, he cited his September 2025 deployment of the National Guard to Memphis, saying crime was down 82 per cent in Memphis and 81 per cent in New Orleans, with 13,000 people arrested and more than 2,000 illegal firearms removed.

Hyde-Smith’s Night

The senator spoke at length before the president arrived. “My opponent Scott Colom is the most radical candidate to run in Mississippi for literally our entire lives,” she told the crowd, framing the race as socialism against capitalism and communism against democracy, and pointing to the tax cut she called the largest in American history, the Laken Riley Act and the HALT Fentanyl Act. Of the speculation that her race had become close, she said: “You kill a gnat with a sledgehammer. And you’re about to meet my sledgehammer.” Appearing alongside Trump during his own speech, she was on stage for less than a minute and spoke nine words: “Is this not the best president in our lifetime?” Governor Tate Reeves and the state Republican chairman, Mike Hurst, also spoke. Earlier this year, before her primary, Hyde-Smith had said of the president on a podcast: “If I get in trouble in this election, he’ll be there the next day.” Monday was his fourth Mississippi trip on her behalf.

Why A Safe State Got Close

Mississippi has not elected a Democrat to the United States Senate since 1982, Trump carried the state by about 23 points in 2024, and Hyde-Smith won her last race by seven. Yet recent polls put the Democratic challenger, Scott Colom, a district attorney in northern Mississippi who would be the state’s first Black senator since Reconstruction, within single digits — and, by the Clarion Ledger’s reading of the polling, within the margin of error. The Cook Political Report has moved its rating of the race from “solid Republican” to “likely Republican.” Colom has campaigned with former Vice President Kamala Harris and former Transportation Secretary Pete Buttigieg, and an advertisement featuring former President Obama is running for him. On Monday he worked the line outside the rally himself and posted that the voters he heard from wanted foreign money out of elections, an end to flock cameras, safe borders and veterans taken care of. Geoff Pender, the politics editor of Mississippi Today, said the race “was not expected to be a race,” that Hyde-Smith had probably taken it for granted, and that he was not sure the president’s visit would help her, noting her welcome this time was less enthusiastic than in past cycles, when she had asked him to come. Trump’s own standing is part of the backdrop: a Reuters/Ipsos poll taken October 16–19 put his approval at 31 per cent, the lowest of either of his terms in that poll, and a Pew Research survey put it at 30 per cent.

The Road From Here

The president’s closing-week schedule takes him to Texas for two appearances on Tuesday, Ohio on Wednesday and Florida on Friday, after a Sunday stop in Michigan for Senate candidate Mike Rogers. Mississippi votes on Tuesday, November 3. One wrinkle in the president’s get-out-the-vote message: on October 22 he directed Mississippians to vote early, although Mississippi is one of only two states in the country with no early voting, and proposals to introduce it were set aside in the legislature this year.

Sources: Daily Mail (reporting by Victor Heller); Jackson Clarion Ledger; Memphis Commercial Appeal; AURN News; SRN News — reporting of October 26, 2026.