Three months ago, President Joe Biden met with Saudi Arabia’s Crown Prince Mohammed bin Salman. Then Biden’s administration spent the last “several days” lobbying “foreign counterparts…to vote against cutting oil production.
Yes, the Biden administration cozied up to Kuwait, Saudi Arabia, and the United Arab Emirates about oil.
The administration failed. OPEC announced “the biggest cut to oil production” since 2020.
CNN reported the Biden administration is freaking out:
Some of the draft talking points circulated by the White House to the Treasury Department on Monday that were obtained by CNN framed the prospect of a production cut as a “total disaster” and warned that it could be taken as a “hostile act.”“It’s important everyone is aware of just how high the stakes are,” said a US official of what was framed as a broad administration effort that is expected to continue in the lead up to the Wednesday OPEC+ meeting.The White House is “having a spasm and panicking,” another US official said, describing this latest administration effort as “taking the gloves off.” According to a White House official, the talking points were being drafted and exchanged by staffers and not approved by White House leadership or used with foreign partners.In a statement to CNN, National Security Council spokesperson Adrienne Watson said, “We’ve been clear that energy supply should meet demand to support economic growth and lower prices for consumers around the world and we will continue to talk with our partners about that.”
One diplomat from one of the countries supposedly called the moves “desperate.”
Prices are spiking across the nation. California is setting new records. Midterms are in five weeks. People are ticked off.
Biden thinks he’ll make it all the better by digging more into our reserves.
The Republicans lashed out at Biden and his people. The Democrats criticized America’s dependence on oil while using the situation to push their stupid “clean energy” agenda:
“This OPEC+ announcement should serve as a reminder to all of us that true American energy independence comes from clean energy,” said Senate Environment Committee Chairman Tom Carper, D-Del.”The faster we decarbonize our economy, the sooner we won’t have to worry about this,” said Rep. Sean Casten, D-Ill. “Until then, don’t forget the obvious: people who sell oil want to sell at the highest possible price. That is just as true for domestic as foreign producers.”
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