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Biden won't ask Saudis to raise oil production as gas prices hover near records
Yahoo Finance ^ | Thu, June 30, 2022, 10:41 AM | Jennifer Schonberger

Posted on 06/30/2022 8:04:10 AM PDT by Hojczyk

On Thursday, OPEC+ — the international oil cartel effectively led by Saudi Arabia – held a meeting via video conference where the group decided not to further increase oil production from its previously announced plans. The group will meet again August 3.

Biden's comments come as gas prices hover near record highs in the U.S., with the average price of a gallon topping $5 nationally for first time ever earlier this month.

President Biden said Thursday he would not ask Saudi Arabia individually to increase its oil production on his forthcoming visit to the Kingdom, but would instead encourage all Gulf States to increase oil output.

Speaking during a press conference at the NATO Summit on Thursday, the president said, “I’m not going to ask them” when asked whether he would ask the King or Crown Prince of Saudi Arabia to increase oil production on his forthcoming trip.

"All the Gulf States are meeting. I’ve indicated to them that I thought they should be increasing oil production generically, not the Saudis particularly, and I think that we see them in their own interest concluding that make sense to do," Biden said.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Crime/Corruption; Government; Politics/Elections
KEYWORDS: energyschadenfreude; haha; itistolaugh; lickthesandal
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1 posted on 06/30/2022 8:04:10 AM PDT by Hojczyk
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To: Hojczyk
Speaking during a press conference at the NATO Summit on Thursday

Hardly a press conference, it was a room of over 100 reporters, it lasted 20 minutes if that, and he took questions from only 4 outlets, AP, Bloomberg, WSJ and NBC.

2 posted on 06/30/2022 8:06:32 AM PDT by 1Old Pro
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To: Hojczyk
Yeah, after he's been turned down and humiliated by them.
3 posted on 06/30/2022 8:06:52 AM PDT by BipolarBob (Where is Biden leading us and what's with the hand basket?)
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To: Hojczyk

4 posted on 06/30/2022 8:07:06 AM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: Hojczyk

Good thing, since he insulted MBS, and Blinken babbles about faggots and freaks every time he speaks to his Saudi counterpart…


5 posted on 06/30/2022 8:07:24 AM PDT by EEGator
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To: Hojczyk

Feckless, impotent dork.


6 posted on 06/30/2022 8:07:27 AM PDT by ecomcon
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To: Hojczyk

Instead Biden’s puppeteers plan to shut down oil fields in the US


7 posted on 06/30/2022 8:07:46 AM PDT by butlerweave
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To: Hojczyk

Biden won’t ask AGAIN you mean, Jennifer.


8 posted on 06/30/2022 8:08:36 AM PDT by jimtorr
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To: Hojczyk

Why Not? Did the Saudis by chance already tell Biden to STUFF his request in his Diaper?


9 posted on 06/30/2022 8:08:43 AM PDT by OHPatriot (Si vis pacem, para bellum)
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To: Hojczyk

Biden just doesn’t want to be publicly turned down... he’ll ‘ask’...


10 posted on 06/30/2022 8:10:15 AM PDT by GOPJ (MAGA POWER - - President Trump's endorsement record is 144-10)
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To: Hojczyk

He also said Americans would have to bear the brunt of skyrocketing debilitating oil prices as long as we run the proxy war against Putin. And we are committed to the long term - that’s the info that I thought was the big news.


11 posted on 06/30/2022 8:10:57 AM PDT by 1Old Pro
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To: Hojczyk

Dimjo simply does not like to be told NO.
So, he tucks his tail between his legs and makes a statement.
A statement written by one of the few in his administration that is still coherent and mouthed very incoherently by Dimjo himself.


12 posted on 06/30/2022 8:11:24 AM PDT by Tupelo (Don't underestimate The Republican Party's ability to f*ck things up)
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To: Hojczyk

> President Biden said Thursday he would not ask Saudi Arabia individually to increase its oil production... <

In other words, this already happened:

Biden: “Please, I’m begging you. Increase your oil production.”
Saudi Arabia: “No.”


13 posted on 06/30/2022 8:12:11 AM PDT by Leaning Right (The steal is real.)
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To: Red Badger

That Arab should turn around and raise his ‘skirt” for effect.. d;^)


14 posted on 06/30/2022 8:12:55 AM PDT by CopperTop (Outside the wire it's just us chickens. Dig?)
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To: Hojczyk

OPEC+ making tons of money just watch there will be an increase in Terrorism soon


15 posted on 06/30/2022 8:15:31 AM PDT by butlerweave
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To: jimtorr

He has already been told they will not which was further amplified by the Frog leader that they cannot do much more anyway.

The Bidet’s motto: when God provides a bountiful cherry harvest, make lemonade.


16 posted on 06/30/2022 8:18:22 AM PDT by Mouton (The enemy of the people is the media )
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To: Hojczyk

Won’t? Or can’t?

Can’t or .. “was laughed at when he asked”

Covfefe, bsby.


17 posted on 06/30/2022 8:19:01 AM PDT by Celerity
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To: Hojczyk

He was told “no” before he even asked. It is what it is at this point. He is willing to wreck everything for the whims of the International Community (a/k/a “globohomo”).


18 posted on 06/30/2022 8:19:57 AM PDT by cdcdawg (Hoes mad! LOL! )
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To: Hojczyk

Cuz they already told him no.........


19 posted on 06/30/2022 8:20:42 AM PDT by Sacajaweau ( )
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To: Hojczyk

The Saudi’s said NO!


20 posted on 06/30/2022 8:22:16 AM PDT by minnesota_bound (Need more money to buy everything now)
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