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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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1 posted on 10/12/2022 11:10:39 AM PDT by Red Badger
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To: Red Badger

Not trying to govern or do good things for the country.
Just trying to manipulate events for his own political gain.


2 posted on 10/12/2022 11:11:56 AM PDT by ClearCase_guy (We are already in a revolutionary period, and the Rule of Law means nothing. )
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To: Red Badger

OPEC said no to helping the ‘Rats rig the midterms.


3 posted on 10/12/2022 11:12:46 AM PDT by BenLurkin (The above is not a statement of fact. It is either opinion, or satire, or both.)
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To: Red Badger

Maybe shutting off US production and closing down pipelines is a clear sign of siding with Russia.


4 posted on 10/12/2022 11:15:20 AM PDT by marron
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To: Red Badger

Tell me how you are going to piss of the world and alienate your country with telling me...


5 posted on 10/12/2022 11:15:20 AM PDT by 2banana (Common ground with islamic terrorists-they want to die for allah and we want to arrange the meeting)
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To: BenLurkin

It’s been going up 10 cents a gallon a day here. And quite frankly that’s fine if it means getting rid of Democrats in November


6 posted on 10/12/2022 11:15:58 AM PDT by cableguymn
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To: BenLurkin

It seems that the Saudi reply was “FJB”


7 posted on 10/12/2022 11:16:36 AM PDT by Oscar in Batangas (An Honors Graduate from the Don Rickles School of Personal Verbal Intercourse)
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To: Red Badger

I think [even] the Saudis are rolling their eyes at the worn out ..”Russia...Russia...Russia...” claims.


8 posted on 10/12/2022 11:16:45 AM PDT by mikelets456
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To: Red Badger

like the Sauds said, pump your OWN OIL!!!


9 posted on 10/12/2022 11:16:52 AM PDT by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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To: Red Badger

Bidenidiot: Do as I say!? Now!?!
OPEC: *uck off, kthx!
BidenIdiot: We have ways to deal with you!
OPEC: Okie dokie.


10 posted on 10/12/2022 11:16:54 AM PDT by cranked
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To: ClearCase_guy

He learned from the master.

SEOUL (Reuters) - President Barack Obama was caught on camera on Monday assuring outgoing Russian President Dmitry Medvedev he will have “more flexibility” to deal with contentious issues like missile defense after the U.S. presidential election.


11 posted on 10/12/2022 11:17:10 AM PDT by hardspunned (former GOP globalist stooge)
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To: Red Badger

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

They just figured this out? 😂😂😂


12 posted on 10/12/2022 11:17:19 AM PDT by MarMema (No bugs for consumption)
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To: Red Badger

Biden is utter corruption.


13 posted on 10/12/2022 11:17:32 AM PDT by Vision (Elections are one day. Reject "Chicago" vote harvesting. Election Reform Now. Obama is an evildoer.)
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To: Red Badger

“We’ve cut back on our own oil production, but if the Saudis cut back on their oil production that means they’re colluding with the Russians”.


14 posted on 10/12/2022 11:22:40 AM PDT by AnotherUnixGeek
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To: ClearCase_guy

Everyone knows the democrat party only uses lawfare against their enemies and not against their friends. On the otger sise, republicans will not use lawfare to hurt their enemies.


15 posted on 10/12/2022 11:23:05 AM PDT by joma89 (Buy weapons and ammo, folks, and have the will to use them.)
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To: Red Badger

Of course he did.


16 posted on 10/12/2022 11:23:49 AM PDT by Williams (Stop Tolerating The Intolerant)
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To: Red Badger

Hey Saudi Arabia, can ya please wait until the midterms elections are over to cut production? You know, it’ll make me look bad. Once the elections are over, feel free to put the screws to us.

Effing Democrat sellouts....


17 posted on 10/12/2022 11:24:39 AM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: Red Badger

Blackmailing a country to affect a political outcome…

That’s what they impeached Trump for…


18 posted on 10/12/2022 11:30:52 AM PDT by Skywise
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To: All

I can’t believe the Saudis didn’t do what Biden asked haha


19 posted on 10/12/2022 11:31:51 AM PDT by escapefromboston (Free Chauvin)
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To: Red Badger

I don’t trust the Daily Mail any farther than I can throw Stacey Abrams, but I wouldn’t put it past that diapered dipwad and his evil master Obama to do something like that.


20 posted on 10/12/2022 11:33:06 AM PDT by Allegra
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