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OPEC+ to cut oil production by 2 million barrels per day to shore up prices, defying U.S. pressure
CNBC ^ | 05 October 2022 | Sam Meredith

Posted on 10/05/2022 7:51:50 AM PDT by zeestephen

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1 posted on 10/05/2022 7:51:50 AM PDT by zeestephen
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To: zeestephen

More shareable commentary here:

https://freerepublic.com/focus/f-news/4098405/posts

πŸ˜ŽπŸ‘Œ


2 posted on 10/05/2022 7:53:13 AM PDT by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this? πŸ˜•)
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To: zeestephen

MBS’ fist-bump with Pedo Peter turned into a middle-finger.


3 posted on 10/05/2022 7:53:46 AM PDT by PGR88
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To: zeestephen

Lessee how the liberal media spins this one.....πŸ€”


4 posted on 10/05/2022 7:54:58 AM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: zeestephen

I support Biden as leader of the free world in our effort to knock out that thug Putin. May righteousness prevail.


5 posted on 10/05/2022 7:55:07 AM PDT by AndyJackson
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To: zeestephen

Just 1 pipeline from Canada called Keystone would be delivery 800,000 barrels of oil per day but Warren Buffett and obama and Biden blocked it so Buffett could have his train haul oil at higher prices!


6 posted on 10/05/2022 7:55:45 AM PDT by minnesota_bound (Need more money to buy everything now)
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To: zeestephen

The Saudis are defying the most popular President in US history? This just cannot be!


7 posted on 10/05/2022 7:59:55 AM PDT by packagingguy
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To: zeestephen

I’m glad we’re finally respected across the globe now that we’ve gotten rid of orange man bad.


8 posted on 10/05/2022 8:00:10 AM PDT by Stosh
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To: zeestephen

Odd they are cutting 2 million per day the exact same amount we are pulling out of the Petroleum Reserves, checkmate Brandon


9 posted on 10/05/2022 8:03:11 AM PDT by wild74
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To: zeestephen

Just wait until Biden’s oil embargo as punishment.


10 posted on 10/05/2022 8:03:51 AM PDT by TornadoAlley3 ( I'm Proud To Be An Okie From Muskogee)
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To: zeestephen

How’s that workin’ for you Brandon??


11 posted on 10/05/2022 8:08:01 AM PDT by Don Corleone (leave the gun, take the canolis)
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To: zeestephen

Long gas lines or, odd or even license plate days to buy gas. We have been there before. But during that time we has a non OPEC country send us oil. Those days are gone from that country.


12 posted on 10/05/2022 8:09:30 AM PDT by NY Attitude (Make love not war but be prepared for either.)
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To: zeestephen

Will Sleepy Joe raid the reserves again?


13 posted on 10/05/2022 8:10:17 AM PDT by Churchillspirit (Pray for President Trump)
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To: zeestephen
Nobody is more bullish on oil and gas than Joe 'The Oilman' Biden.


14 posted on 10/05/2022 8:11:23 AM PDT by Theoria
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To: zeestephen

Gas prices rise at unprecedented rate and the Biden administration blames Putin and Trump and claims that presidents do not have the power to control gas prices. Gas prices gradually reduce from their record level, but remain much higher than when Biden took office, and the Biden administration is taking credit for the reductions. Gas prices are set to rise again to record levels as OPEC+ decides to cut oil production by 2 million gallons per day, and because Biden reduced domestic production to a dangerous level and depleted our Strategic Petroleum reserves to a dangerous level, we are unprepared to mitigate world oil prices. Again, the administration will claim that presidents cannot control gas prices. We were energy independent less that 2 years ago. Thank-you Donald Trump. If Biden were a Chinese asset, what would he be doing differently than he is already doing to our country?


15 posted on 10/05/2022 8:12:57 AM PDT by Skeptical constituent
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To: null and void; aragorn; EnigmaticAnomaly; kalee; Kale; AZ .44 MAG; Baynative; bgill; bitt; ...

p


16 posted on 10/05/2022 8:15:54 AM PDT by bitt (<IMG SRC=' 'width=50%>)
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To: zeestephen

Although the Puerto Rican Jose Biden started it, now he’ll be able to claim it’s the Muslims’ fault. Maybe he’ll send some Ukies to kick their asses.


17 posted on 10/05/2022 8:28:09 AM PDT by FlingWingFlyer (You can vote your way into socialism/communism but you need guns to shoot your way out.)
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To: zeestephen
They were unable to produce their former quota, they've been short close to .5mm barrels a day. So actual cut will be about 1.5mm, barring cheating (UAE). The effects of lack of investment in future production is here now, worldwide.

Consumers hardest hit, FJB/Obama strikes again.

18 posted on 10/05/2022 8:38:08 AM PDT by SaxxonWoods (The only way to secure your own future is to create it yourself.)
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To: zeestephen

OPEC casts a midterm ballot for regime change in Washington.


19 posted on 10/05/2022 8:49:28 AM PDT by lightman (I am a binary Trinitarian. Deal with it!)
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To: Don Corleone
Actually it is working out exactly the way Brandon and his White House imbeciles never intended but will embrace.

Can't wait for Karine Jean-Pierre to explain how this was all Trump's fault for restocking the Strategic Oil Reserve in the first place.

20 posted on 10/05/2022 8:57:07 AM PDT by hflynn ( )
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