Saudi Arabia sent a clear message to Joe Biden - Oct 5
Posted: Wed Oct 05, 2022 4:44 pm
OPEC+ to Team Biden: "We control the price of oil and your Green New Deal is a joke."
President Joe Biden will continue to direct releases from the nation's Strategic Petroleum Reserve "as necessary," National Security Adviser Jake Sullivan and National Economic Council Director Brian Deese said in a statement. < Apparently Joe does not understand what the SPR is for.
Previously, the White House had committed to ending releases from the Strategic Petroleum Reserves in the coming weeks, but said Wednesday it will continue to release them "as appropriate." Earlier this year, Biden ordered up to 180 million barrels released from the reserve.
Biden is also calling on his administration and Congress to explore ways to boost U.S. energy production and reduce OPEC's control over energy prices after the cartel's "shortsighted" production cut, the White House said Wednesday. < Here are a few ideas. 1. Quit blaming US based oil companies for your stupid mistakes. 2. Approve pipelines. 3. Open more federal lands to oil & gas exploration. 4. Stop the ESG nonsense.
OPEC+ at a Vienna meeting Wednesday ignored pleas from the White House to keep oil flowing and agreed to cut output by 2 million barrels per day, its deepest cuts in production since the 2020 COVID pandemic.
"The president is disappointed by the shortsighted decision by OPEC+ to cut production quotas while the global economy is dealing with the continued negative impact of [Vladimir] Putin's invasion of Ukraine," the statement said. < Stopping completion of the Keystone XL pipeline is a "shortsighted decision" IMO.
President Joe Biden will continue to direct releases from the nation's Strategic Petroleum Reserve "as necessary," National Security Adviser Jake Sullivan and National Economic Council Director Brian Deese said in a statement. < Apparently Joe does not understand what the SPR is for.
Previously, the White House had committed to ending releases from the Strategic Petroleum Reserves in the coming weeks, but said Wednesday it will continue to release them "as appropriate." Earlier this year, Biden ordered up to 180 million barrels released from the reserve.
Biden is also calling on his administration and Congress to explore ways to boost U.S. energy production and reduce OPEC's control over energy prices after the cartel's "shortsighted" production cut, the White House said Wednesday. < Here are a few ideas. 1. Quit blaming US based oil companies for your stupid mistakes. 2. Approve pipelines. 3. Open more federal lands to oil & gas exploration. 4. Stop the ESG nonsense.
OPEC+ at a Vienna meeting Wednesday ignored pleas from the White House to keep oil flowing and agreed to cut output by 2 million barrels per day, its deepest cuts in production since the 2020 COVID pandemic.
"The president is disappointed by the shortsighted decision by OPEC+ to cut production quotas while the global economy is dealing with the continued negative impact of [Vladimir] Putin's invasion of Ukraine," the statement said. < Stopping completion of the Keystone XL pipeline is a "shortsighted decision" IMO.