President Biden has tried to convince the Saudis to pump more oil with honey. Now he's trying vinegar.
President Biden fist-bumps with Saudi Crown Prince Mohammed bin Salman on July 15. Photo: Royal Court of Saudi Arabia/Handout/Anadolu Agency via Getty Images
President Biden has tried to convince the Saudis to pump more oil with honey. Now he's trying vinegar.that the White House might support legislation targeting OPEC+ in Congress, Biden crossed a symbolic threshold — and sent a clear signal to the Saudis that he’s prepared to escalate. For some Democrats, he needs to go further: "President Biden ... should call the King himself," Rep. Ro Khanna told Axios. "He should say you have five days to reverse your decision. If not, I am going to work with Congress to pass a ban on supplying air parts to your Air Force.
"The American people have had enough. We will not be bullied by a third-rate power that is committing human rights atrocities."— Big Oil companies and Big Oil countries — that have the power to solve his most pressing domestic political problem: rising prices at the pump. Biden has consistently blamed oil and gas companies for high prices and used a visit to FEMA headquarters last week to revive his warning: "Do not — do not — do not use this storm [Hurricane Ian] as an excuse to raise gasoline prices or gouge the American public," he said.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Khanna Tells Biden to Cut Off Weapons to Saudis as OPEC Agrees to Slash Oil Supply\u0022President Biden should make it clear that we will stop supplying the Saudis with weapons and air parts if they fleece the American people and strengthen Putin by making drastic production cuts.\u0022
Read more »
US oil industry mocks Biden after OPEC+ announces production cutsThe U.S. Oil & Gas Association on Wednesday suggested that President Biden is now forced to turn to the U.S. oil industry after tapping out strategic reserves and OPEC+ cut production.
Read more »
Biden 'disappointed' by OPEC+ production cut, White House saysPresident Joe Biden 'is disappointed by the shortsighted decision by OPEC+ to cut production quotas while the global economy is dealing with the continued...
Read more »
White House: US Pres. Biden disappointed by shortsighted decision by OPEC+US President Joe Biden is disappointed by the OPEC+ group's 'shortsighted decision', the White House said on Wednesday, as reported by Reuters. Follow
Read more »
OPEC+ Cuts Oil Output, Biden Releases More Reserves to Counter Impact on Gas PricesOPEC+ agreed Wednesday to cut its oil output by 2 million barrels per day. See potential bias and similarities in coverage from NPR, CNBC and nypost: OPEC GasPrices
Read more »
White House 'disappointed' with OPEC+ decision to cut oil production, will release more from US reservesWhite House expresses disappointment following the announcement from OPEC+ that it would cut two million barrels per day from its production quotas beginning in November.
Read more »