Biden and Saudi consequences
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https://news.yahoo.com/biden-warns-consequences-saudi-arabia-044639242.html
President Joe Biden warned that Saudi Arabia would face "consequences" after OPEC+ announced the biggest cut in oil production since the start of the pandemic.
I'm assuming this will be another case of this is going to hurt "me" more than it does you. And in context the me is the United States citizens.
Don't know if anybody has already posted this.
WSS
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The Biden administration has
- Publicly admonished MbS for killing KhashoggiÂ
- Lifted sanctions on Iran, Saudi Arabia's major rival for Persian Gulf hegemon, allowing them to restart their nuclear program
- Strongarmed the EU into supporting price caps on Russian oil, which would undercut oil profits for the Gulf States
Biden and the Democrat party are now shocked that the Saudis aren't playing ball. Biden has even threatened consequences to the Saudis for "siding with Russia."Â
Domestically, in the years leading up to the Ukraine conflict, the Democrats haveÂ
- Killed efforts to expand US offshore drillingÂ
- Killed a 2020 Republican and Trump sponsored bill that would have filled the Strategic Petroleum Reserve with oil from American producers at $24/barrel. At this time, Chuck Schumer congratulated himself on "blocking a bailout for big oil"
Now, we are refilling the SPR with OPEC+ oil at $80/barrel. Those decisions have literally cost the taxpayer billions and caused the US to miss out on potential profits. Prices at the pump are on the rise too.Â
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The Biden administration has
- Publicly admonished MbS for killing KhashoggiÂ
- Lifted sanctions on Iran, Saudi Arabia's major rival for Persian Gulf hegemon, allowing them to restart their nuclear program
- Strongarmed the EU into supporting price caps on Russian oil, which would undercut oil profits for the Gulf States
Biden and the Democrat party are now shocked that the Saudis aren't playing ball. Biden has even threatened consequences to the Saudis for "siding with Russia."Â
Domestically, in the years leading up to the Ukraine conflict, the Democrats haveÂ
- Killed efforts to expand US offshore drillingÂ
- Killed a 2020 Republican and Trump sponsored bill that would have filled the Strategic Petroleum Reserve with oil from American producers at $24/barrel. At this time, Chuck Schumer congratulated himself on "blocking a bailout for big oil"
Now, we are refilling the SPR with OPEC+ oil at $80/barrel. Those decisions have literally cost the taxpayer billions and caused the US to miss out on potential profits. Prices at the pump are on the rise too.Â
The Biden administration has
- Publicly admonished MbS for killing KhashoggiÂ
- Lifted sanctions on Iran, Saudi Arabia's major rival for Persian Gulf hegemon, allowing them to restart their nuclear program
- Strongarmed the EU into supporting price caps on Russian oil, which would undercut oil profits for the Gulf States
Biden and the Democrat party are now shocked that the Saudis aren't playing ball. Biden has even threatened consequences to the Saudis for "siding with Russia."Â
Domestically, in the years leading up to the Ukraine conflict, the Democrats haveÂ
- Killed efforts to expand US offshore drillingÂ
- Killed a 2020 Republican and Trump sponsored bill that would have filled the Strategic Petroleum Reserve with oil from American producers at $24/barrel. At this time, Chuck Schumer congratulated himself on "blocking a bailout for big oil"
Now, we are refilling the SPR with OPEC+ oil at $80/barrel. Those decisions have literally cost the taxpayer billions and caused the US to miss out on potential profits. Prices at the pump are on the rise too.Â
  The Saudis are probably aghast at hearing biden tell them in his meeting, that his school bus in Delaware used to drive through Riyadh, Saudi Arabia every day, on the way to grade school..........
  They don't respect our gov anymore, at all. WE can't respect this gov anymore, either, Bad bad bad, getting worse, over the next two years, but slower if the reps can take back congress.
 biden gov is so corrupt. I believe this might explain it:
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The Biden administration has
- Publicly admonished MbS for killing KhashoggiÂ
- Lifted sanctions on Iran, Saudi Arabia's major rival for Persian Gulf hegemon, allowing them to restart their nuclear program
- Strongarmed the EU into supporting price caps on Russian oil, which would undercut oil profits for the Gulf States
Biden and the Democrat party are now shocked that the Saudis aren't playing ball. Biden has even threatened consequences to the Saudis for "siding with Russia."Â
Domestically, in the years leading up to the Ukraine conflict, the Democrats haveÂ
- Killed efforts to expand US offshore drillingÂ
- Killed a 2020 Republican and Trump sponsored bill that would have filled the Strategic Petroleum Reserve with oil from American producers at $24/barrel. At this time, Chuck Schumer congratulated himself on "blocking a bailout for big oil"
Now, we are refilling the SPR with OPEC+ oil at $80/barrel. Those decisions have literally cost the taxpayer billions and caused the US to miss out on potential profits. Prices at the pump are on the rise too.Â
Strongarmed the EU into supporting price caps on Russian oil, which would undercut oil profits for the Gulf States
This week, G7 countries implemented price caps on Russian oil, meaning they will only buy Russian oil at $60/barrel versus the market price of ~$80/barrel.
Gee. Who could have seen this happening? Now India will turn and sell it back to Europe at a premium. Not to mention this is just going get OPEC and OPEC+ pissed off at us and less likely to do us any favors.
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Strongarmed the EU into supporting price caps on Russian oil, which would undercut oil profits for the Gulf States
This week, G7 countries implemented price caps on Russian oil, meaning they will only buy Russian oil at $60/barrel versus the market price of ~$80/barrel.
Gee. Who could have seen this happening? Now India will turn and sell it back to Europe at a premium. Not to mention this is just going get OPEC and OPEC+ pissed off at us and less likely to do us any favors.
This week, G7 countries implemented price caps on Russian oil, meaning they will only buy Russian oil at $60/barrel versus the market price of ~$80/barrel.
Gee. Who could have seen this happening? Now India will turn and sell it back to Europe at a premium. Not to mention this is just going get OPEC and OPEC+ pissed off at us and less likely to do us any favors.
That's okay. Demented Joe will just get it from friendly countries, like VenezuelaÂ
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