Posted on 08/16/2021 12:19:06 PM PDT by Enlightened1
The Biden administration’s plea for more oil production has been rejected by OPEC and its allies, including Russia, according to Reuters.
The group of big oil producers believe oil markets do not need more oil than they plan to release in the coming months, Reuters reported.
The report cited “four sources” but did not name them. Reporting on internal OPEC decisions is often based on unnamed sources.
The Organization of the Petroleum Exporting Countries is a cartel of 13 nations that includes Saudi Arabia and the United Arab Emirates. A larger group, that also includes Russia, Mayalasia, and Mexico, is known as OPEC+.
The plea for more oil came in the form of remarks from national security adviser Jake Sullivan last week. Sullivan complained the price of crude oil has been higher than it was before the pandemic hit. He said that the decision by OPEC last month to raise oil production by 400,000 barrels per day is “simply not enough.”
“President Biden has made clear that he wants Americans to have access to affordable and reliable energy, including at the pump,” Sullivan said. “Although we are not a party to OPEC, the United States will always speak to international partners regarding issues of significance that affect our national economic and security affairs, in public and private.”
Gas prices have fallen by less than one cent over the past week and are up by two cents from a month ago.
Republican Texas Gov. Greg Abbott reacted to Sullivan’s remarks by asking the Biden administration to set American producers free to meet rising demand.
“Dear White House: Texas can do this,” Abbott tweeted. “Our producers can easily produce that oil if your administration will just stay out of the way.”
(Excerpt) Read more at breitbart.com ...
Bwahahahahaha! Poor Joe, can’t catch a break.
Beg - Back - Better
First question of the day: “Mr. President, is that vanilla or mint chocolate chip?”
He HAD oil! What a cluster.
Don’t you just know they’re horse laughing him?
but his tweets..........
and he called it the Chinese Virus
Biben is the weakest POS ever.
Too bad we don’t have an oil supply here at home.
It’s becoming clear that the world is coming together against the US. Trump was right to strive for independence in all things, but this rapid about face in the last 8 months has ensured we’re in a position of weakness for most global political discussions.
Perfect. Now OPEC needs to cut back on production further and tell Biden to go pound sand. Jack up gas prices another buck or two by Thanksgiving, and let’s see how long Americans can stay satisfied with this administration. The MSM and Tech can hide a lot of things, but pocketbook hits cannot.
If I was his dog, I’d bite him.
Jill, are you too busy elsewhere being presidentress?
Ben & Jerry's Woke Milley Vanilli.
Excellent! Tell Biden to pound sand whatever he asks for.
We’re a lawless nation, they need to just start pumping that oil over here. eef em! Just do it, just do it! That’s how the democrats roll.
The Coup-Meister is doing Obama’s work, Fundamentally Transforming America.
Imagine what this place will look like this time next year.
Historic FUBAR!
His ex boss got re-elected with sky high fuel prices.
Never rule out the people in this country either way.
Why would anyone ask OPEC to release more oil and fill their coffers instead of releasing and filling our own??
Biden could f’up a wet dream.
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