Biden threatens Saudi’s over OPEC cut

[Saltwater60]

He needs to go and he’s lost his mind.

Biden threatens 'consequences' for Saudi Arabia after OPEC cut, but his options are limited

What are the Biden administration's options, and could they backfire?

www.cnbc.com

 

[Beerman]

Well, we provide “security” for the Saudis, and they’re supposed to help us out with a stable energy supply. I don’t trust Saudi Arabia at all, but Biden sort of has a valid point here.

 

[Modean]

Sure, poke the Saudis some more. What could go wrong?

 

[MothMan]

The truth is, neither side has been holding up their end of the bargain for nearly 10 years now," Michael Stephens, an associate fellow at the Royal United Services Institute in London, told CNBC.
FUJB!!

 

[Jmac00]

or

we just start drilling right here in the good US of A, and tell the Saudis to go pound there own sand up their own non-hygienic asses

How'BoutThat

 

[Modean]

or

we just start drilling right here in the good US of A, and tell the Saudis to go pound there own sand up their own non-hygienic asses

How'BoutThat

Won’t happen while Dems are in control.

 

[2WheelGnnr]

yeah gimme more oil or im gonna....im gonna....im gonna...take my ball and go home....

and be pissed... but yet we need to start back up our drilling and exploratory efforts....never shoulda stopped.

 

[Bigfoot]

Fuck Joe Biden

 

[stokes]

but yet we need to start back up our drilling and exploratory efforts....never shoulda stopped.

Never shoulda have stopped but he promised to put an end to fossil fuels and he's doing a good job at that. He's talking out his ass about "consequences" and likely welcomes the cuts, the less oil and more expensive he can make it the better for his program. He wants us to become dependent on battery power, batteries that are made by his family's biggest investment, China.

 

[GOYABEAN]

Would we expect anything different from him

 

[Bustedknees]

We blew up the wrong country after 911.

 

[Mr. terzmo]

I heard from a reliable DC source that Bidoon told the Saudi's that if they didn't give him his way , He would hold his breath and stamp his feet. It's true.

 

[pjzwtl]

All this can be remedied if Trump would go public embracing EV’s and green energy then by default the libtards would drill baby drill

 

[2WheelGnnr]

or vote them out and get maga repubs in 'da house!!

 

[C3D]

Like an old man trying to send back soup in a deli.

 

[Mr. terzmo]

All this can be remedied if Trump would go public embracing EV’s and green energy then by default the libtards would drill baby drill

Embrace EV's ? Sounds like a romance to satisfy the left. EV's could be the future unless something else comes up but to shove EV's down the throats of the public is way out of whack. Need to transition at a reasonable pace. It's like an old joke...do you know why turds are tapered? Ans....So Your @$$hole doesn't slam shut.

 

[Dr. Evil]

Like an old man trying to send back soup in a deli.

The sea was angry that day my friends.

 

[Dr. Evil]

Don't mess with Brandon. He's a bad mother... SHUT YOUR MOUTH!

 

[pjzwtl]

Embrace EV's ? Sounds like a romance to satisfy the left. EV's could be the future unless something else comes up but to shove EV's down the throats of the public is way out of whack. Need to transition at a reasonable pace. It's like an old joke...do you know why turds are tapered? Ans....So Your @$$hole doesn't slam shut.

I guess you missed the joke

 

[Carlos Hathcock]

or vote them out and get maga repubs in 'da house!!

Agreed. As long as it goes through those Dominion voting machines.

 

[Far king]

Well, we provide “security” for the Saudis, and they’re supposed to help us out with a stable energy supply. I don’t trust Saudi Arabia at all, but Biden sort of has a valid point here.

The thing is he would not be in this predicament if he had not stifled our domestic fuel production as soon as he took office.

 

[Beerman]

The thing is he would not be in this predicament if he had not stifled our domestic fuel production as soon as he took office.

Yeah, but why does he suddenly care about oil when he’s been pushing electric everything so hard? What’s really going on?

 

[stokes]

Yeah, but why does he suddenly care about oil when he’s been pushing electric everything so hard? What’s really going on?

He doesnt care, its all an act.Everything in DC is theatrics. He pretends to care so he can say he's doing something to curb gas prices,during an election year, this time will be the fault of the Saudis. When he first took office and cancelled domestic production the big jump was because of covid. Then it was the Russian invasion, now its the Saudis and nobody fucks with a Biden.And remember hi fuel prices are "part of a wonderful transition".

 

[RedBreast21]

Well, we provide “security” for the Saudis, and they’re supposed to help us out with a stable energy supply. I don’t trust Saudi Arabia at all, but Biden sort of has a valid point here.

Well we have a financial interest and that is the petro dollar, so......

 

[RedBreast21]

Again we hear the calls for drilling but it doesn't appear that those calling for it fully understand the crippling cost of doing that. Why would the U.S. dollar be the worlds reserve currency if we pulled out of participating in the number one exchange? That being the petro dollar.

BRICS is already calling for another global currency to challenge the dollar.

Neither "drill baby drill" or EV will help us. Take note thou that it isn't in the Russia, China or any other nation of BRICS to have a collapse of the dollar. But they want a large market share and a second reserve currency, ultimately leading to the collapse of the dollar.

Russia has more oil reserves the the Saudis so if the Saudis back the west it would cripple their profits and Putin is already selling oil to BRICS and other most favored nations below market price. He would flood the world with cheap oil and take any currency for it. Meanwhile the U.S. would have to honor it agreement with OPEC and by at their set price. There is a lot more to it. But educate yourselves on our global dependency and participation in global markets.

Our imports this summer mostly came from Indian who purchase the oil from Russia. Yeah, that is your price drop. All in violation of western sanctions that now most have been lifted.

We are in for more pain and to be honest, an all republican congress isn't going to change a thing after NOV.