White House Says "It's Clear That OPEC+ is Aligning With Russia" by Cutting Oil Production

Chris Menahan
InformationLiberation
Oct. 05, 2022

The White House on Wednesday whined that OPEC+ was "aligning with Russia" by agreeing to cut oil production by 2 million barrels per day in defiance of the US.

"It's clear that OPEC+ is aligning with Russia with today's announcement," White House Press Secretary Karine Jean-Pierre said.

White House @PressSec: "It's clear that OPEC+ is aligning with Russia with today's announcement."
— annmarie hordern (@annmarie) October 5, 2022

Lots of politics surrounding the OPEC+ decision. Timing and optics don't bode well for the White House, but some important numbers to consider. Saudi Arabia is cutting from a record output level. It has only rarely reached 11 million barrels in its history as an oil exporter. https://t.co/8UYIDKOOQB
— annmarie hordern (@annmarie) October 5, 2022

From CNBC:

Energy market participants had expected OPEC+, which includes Saudi Arabia and Russia, to impose output cuts of somewhere between 500,000 barrels and 2 million barrels.

The move represents a major reversal in production policy for the alliance, which slashed output by a record 10 million barrels per day in early 2020 when demand plummeted due to the Covid-19 pandemic. The oil cartel has since gradually unwound those record cuts, albeit with several OPEC+ countries struggling to fulfill their quotas.

Oil prices have fallen to roughly $80 a barrel from more than $120 in early June amid growing fears about the prospect of a global economic recession.

I guess all that moral preening directed at the Saudis over Khashoggi's murder wasn't the best idea.

No one wants to be lectured about "human rights" by a regime that tortures and jails its own political opposition.

Doocy: "You said the president was responsible for gas prices coming down. Is the president responsible for gas prices going up?"

Jean-Pierre: "It's a lot more nuanced than that, Peter. You know this." pic.twitter.com/YX2Q9eQHrg
— Washington Free Beacon (@FreeBeacon) October 4, 2022

In order to suppress oil prices ahead of the midterms and lessen the impact of the (likely US-backed/arranged) sabotage of the Nord Stream pipelines, the Biden regime is planning to further drain our strategic reserves.

Biden’s on track to practically empty our strategic oil reserves to get Democrats elected in November.

Cancelling the Keystone Pipeline was a history-book-level screw up. pic.twitter.com/L8OqFzX23j
— Eddie Zipperer (@EddieZipperer) October 5, 2022

If World War III were to break out with Russia or China as a result of the Biden regime's endless provocations, we will have drained oil reserves and depleted stockpiles of HIMARs, ammunition, Javelins and Stinger missiles because they were all sent to Ukraine.

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