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Biden administration urged Saudi Arabia to wait until after the midterms to cut oil production - and warned rejecting the offer would be a clear sign of siding with Russia, report claims
Daily Mail UK ^ | UPDATED: 19:10 EDT, 11 October 2022 | By GEOFF EARLE, DEPUTY U.S. POLITICAL EDITOR and MORGAN PHILLIPS, POLITICS REPORTER

Posted on 10/12/2022 11:10:39 AM PDT by Red Badger

US officials asked Saudi and other Gulf producers to stall production cuts

The cuts, announced early this month, led to spate of headlines

Although they take effect in November, delay would have put off further

NSC spokeswoman called it 'categorically false to connect this to U.S. elections'

Saudi officials viewed the request 'as a political gambit'

White House spokesman John Kirby said Biden is reconsidering his Saudi stance

Added that the president is willing to work with Congress on future of relations

Top Democrats have called for a freeze on arm sales after the OPEC decision

Senator Dick Durbin said Saudi Arabia wants Russia to win the war in Ukraine

JP Morgan CEO Jamie Dimon took a veiled swipe at Biden as he said the U.S. should pump more oil and gas and should have been doing so for a long time

The Biden administration weighed in with Saudi Arabia and other OPEC+ members urging them to hold off for another month before announcing oil production cuts – a move that would have delayed the stunning announcement until after the mid-term elections.

The administration framed its objections to the production cuts as boosting Russian President Vladimir Putin's brutal war in Ukraine.

But according to the Wall Street Journal, the Saudis rejected the admonitions, viewing the administration's objections as a 'political gambit by the Biden administration to avoid bad news.'

The administration also raised the issue with other Gulf producers, according to the report.

The cartel, which controls about 30 per cent of the world's oil supply, went ahead with the production cuts – which have the effect of maintaining high prices that help Putin continue to fund his war, while also delivering a spate of bad news headlines for Biden.

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: Business/Economy; Foreign Affairs; Government; Politics/Elections; Russia
KEYWORDS: geoffearle; morganphillips; opec; opecplus; pil; russia; saudiarabia; ukraine
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To: Red Badger

Biden the Bastard. Cut production after we get the sh*t-faced commie RATS reelected. Yeah. Stick it to Americans after WE stick it to them. Screw U Jo Jo. You lyin’ swine-faced, donkey humper.


21 posted on 10/12/2022 11:33:12 AM PDT by FlingWingFlyer (Let's Go Brandon! FJB.)
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To: cableguymn

We went from just over $3/gal. after Ian came through to $3.69/gal. today. $0.50+ price increase in a span of just a couple of weeks. Let’s go Brandon.


22 posted on 10/12/2022 11:35:03 AM PDT by rarestia (“A nation which can prefer disgrace to danger is prepared for a master, and deserves one.” -Hamilton)
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To: marron
Excellent point!
23 posted on 10/12/2022 11:41:04 AM PDT by entropy12
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To: Oscar in Batangas

I word it differently. FUJB & FUHB.


24 posted on 10/12/2022 11:42:13 AM PDT by entropy12
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To: Vision

Biden is utter corruption.”

As he always has been. You will not find one MSM news outlet that will report this story. This is about as corrupt as it gets. Notice he was not trying to stop them from cutting production. He just wanted them to wait until after the mid terms.


25 posted on 10/12/2022 11:43:02 AM PDT by gibsonguy
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To: Red Badger

But nobody Fs with a Biden ami right?


26 posted on 10/12/2022 11:43:22 AM PDT by 3RIVRS
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To: Red Badger

Hillary’s personal paranoia viz “The Russians” is now fully-blown and party-wide. Anything bad happens... The Russians did it!

And to think this all goes back to her B.S. “Reset Button” olive branch while SecState.


27 posted on 10/12/2022 11:45:52 AM PDT by Tallguy
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To: marron

If Republicans were smart, they would run commercials framing it this way. Imaginge how hard Biden would blow his top at a commercial that said that cutting domestic oil production is making Putin richer and fueling the war against Ukraine. Problem is, Republicans ain’t that smart.


28 posted on 10/12/2022 11:50:55 AM PDT by gop4lyf (Gay marriage is neither. Democrats are the party of sore losers and pedophiles.)
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To: Red Badger

BiXiden already cut back USA oil production, so that means the ‘Rats are also Rooskie aligned, right?


29 posted on 10/12/2022 11:52:06 AM PDT by Paladin2
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To: MarMema
Senator Dick Durbin said Saudi Arabia wants Russia to win the war in Ukraine

Nothing gets past Durbin. He's a genius. /s

30 posted on 10/12/2022 12:00:30 PM PDT by Hyman Roth
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To: Red Badger

POS career politician

The root of all evil


31 posted on 10/12/2022 12:03:35 PM PDT by A_Former_Democrat ( Liberty Valance Time. The point of a gun is the only law the left understands)
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To: Red Badger

That kind of makes it funny.


32 posted on 10/12/2022 12:07:14 PM PDT by wiseprince (Me,)
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To: cableguymn

Honestly, ita worth a month of 5 or 6 dollar gas if it gets rid of these clowns.


33 posted on 10/12/2022 12:08:31 PM PDT by wiseprince (Me,)
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To: dragnet2; All

Sounds like a quid pro quo. Impeachable?


34 posted on 10/12/2022 12:09:47 PM PDT by wiseprince (Me,)
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To: MarMema

Durbin is a real retard at anything but sleaze politics and buying votes.

Off the record, Saudi wants the war to drag out. Global short supply is great for them.

That said, SA may have miscalculated. If the West spirals into a recession and then depression, they’ll get burned. I don’t mind that, but, another consequence would be millions dying in poor countries. I can’t say I’m pro-life and like that.


35 posted on 10/12/2022 12:17:55 PM PDT by Paul R. (You know your pullets are dumb if they don't recognize a half Whopper as food!)
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To: Paul R.

What I continue to love about FR, is that we can use the word “retard” when referring to any Democrat and everyone gets it immediately.


36 posted on 10/12/2022 12:21:05 PM PDT by unsycophant
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To: gibsonguy

They (MSM) do get part way there, though. They can’t help themselves but to report their heroes’ outrage, and it’s just way too obvious what is going on: That the USA could end this nonsense of any dependency at all on the ME for energy, but the Biden Admin’s energy policies are in the way.

Check out the comments on CNBC and MSNBC:

https://www.youtube.com/watch?v=kszAQyvE_Lo

https://www.youtube.com/watch?v=YVaIpTB4r2k


37 posted on 10/12/2022 12:35:06 PM PDT by Paul R. (You know your pullets are dumb if they don't recognize a half Whopper as food!)
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To: unsycophant

I had a classmate in HS who’d remind you a lot of Durbin. Took some poly-sci classes in college and went into politics. Has never done anything else.


38 posted on 10/12/2022 12:42:12 PM PDT by Paul R. (You know your pullets are dumb if they don't recognize a half Whopper as food!)
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To: Red Badger

Why would Saudi Arabia help the mentally retarded libs in the USA?


39 posted on 10/12/2022 12:53:09 PM PDT by eyedigress (Trump is my President!)
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To: Red Badger

Probably a mute point now as oil is selling off as the nation and China are in a recession.


40 posted on 10/12/2022 12:53:22 PM PDT by Sam Gamgee
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