Saudi Arabia's Minister of State: It's Biden's Fault US Gas Prices Are High, Because President Hasn't Increased Domestic Oil Production

[MAGA Macho Man]

Spoken like a true man with common sense. The Saudi's and Opec+ have given the Usurper the finger on the international stage. The Minister is basically saying if Biden had left Trump's domestic Oil and Gas policies in place instead of knee jerk reversing them by executive order on inauguration day, we'd be enjoying cheap gas by the gallon today and our strategic oil reserves would have not had to have been opened. Again, common sense!

Top Saudi official says it's BIDEN'S fault US gas prices are high

Adel al-Jubeir, Saudi Arabia's Minister of State, spoke to Fox News Friday and said it's Washington's fault for not increasing domestic production.

www.dailymail.co.uk

 

[occupied]

OPEC adjusts their production to counter any increase in US production to keep the price right where they want it. Any idiot knows that by now.

 

[Moonglow]

Spoken like a true man with common sense. The Saudi's and Opec+ have given the Usurper the finger on the international stage. The Minister is basically saying if Biden had left Trump's domestic Oil and Gas policies in place instead of knee jerk reversing them by executive order on inauguration day, we'd be enjoying cheap gas by the gallon today and our strategic oil reserves would have not had to have been opened. Again, common sense!

Top Saudi official says it's BIDEN'S fault US gas prices are high

Adel al-Jubeir, Saudi Arabia's Minister of State, spoke to Fox News Friday and said it's Washington's fault for not increasing domestic production.

www.dailymail.co.uk

What a joke.

 

[pknopp]

OPEC is cutting production because the production is not needed. The answer to that is not even more production. The idea that the solution is to create an oil glut is a terrible one.

These back and forth extreme's are always going to end poorly.

 

[surada]

Spoken like a true man with common sense. The Saudi's and Opec+ have given the Usurper the finger on the international stage. The Minister is basically saying if Biden had left Trump's domestic Oil and Gas policies in place instead of knee jerk reversing them by executive order on inauguration day, we'd be enjoying cheap gas by the gallon today and our strategic oil reserves would have not had to have been opened. Again, common sense!

Top Saudi official says it's BIDEN'S fault US gas prices are high

Adel al-Jubeir, Saudi Arabia's Minister of State, spoke to Fox News Friday and said it's Washington's fault for not increasing domestic production.

www.dailymail.co.uk

The US government doesn't build oil refineries.

I really like Abdel al Jubeir.. for over 20 years now.

 

[DigitalDrifter]

Biden's and the left's CONSTANT anti-fossil fuel rhetoric is why the world is dealing with the highest prices in history!
Oil producers know that they only have a limited time now to sell their product on a large scale. Naturally they are going to maximize their profits in the time they have left.

It's disgusting that Biden has put America into this position where we go groveling to these criminals in Saudi Arabia.

 

[surada]

Biden's and the left's CONSTANT anti-fossil fuel rhetoric is why the world is dealing with the highest prices in history!
Oil producers know that they only have a limited time now to sell their product on a large scale. Naturally they are going to maximize their profits in the time they have left.

It's disgusting that Biden has put America into this position where we go groveling to these criminals in Saudi Arabia.

Oil is just in time inventory.. it runs up the cost to handle it repeatedly and store it above ground.

Petroleum will be around another 75-100 years and it will become more expensive.

The Saudis aren't criminals. Saudi ARAMCO is the largest, most efficient, well integrated oil and in the world... and OPEC is always cheaper than US oil or Brent. Saudi ARAMCO is not a wildcat operation. They plan decades in advance.

If Biden can bring the Iranians back to a nuclear agreement, Iran will easily add another million bpd to international markets.

 

[MAGA Macho Man]

OPEC adjusts their production to counter any increase in US production to keep the price right where they want it. Any idiot knows that by now.

Bottom line is Biden should have never tampered with Trump's existing Oil and Gas policies, period.

 

[surada]

Bottom line is Biden should have never tampered with Trump's existing Oil and Gas policies, period.

Like this? Trump cut 9 million bpd in production.

Trump says US will cut oil production to secure global deal

President Trump said Friday the U.S. would reduce its oil production to move forward with a tentative deal limiting global output, part of an effort by the administration to address …

thehill.com

 

[occupied]

Bottom line is Biden should have never tampered with Trump's existing Oil and Gas policies, period.

It should be abundantly clear to you by now that we can't drill our way off the Saudi oil teat. They have us by the balls and there is nothing that can be done about it other than decreasing the demand.

 

[MAGA Macho Man]

It should be abundantly clear to you by now that we can't drill our way off the Saudi oil teat. They have us by the balls and there is nothing that can be done about it other than decreasing the demand.

False! Trump had us on the way to complete independence.

 

[surada]

It should be abundantly clear to you by now that we can't drill our way off the Saudi oil teat. They have us by the balls and there is nothing that can be done about it other than decreasing the demand.

Al Jubeir is a calm, smart man.. always has been. He says our chokepoint is a lack of refineries. Why not listen to him instead of getting pissed off and resentful?

 

[surada]

False! Trump had us on the way to complete independence.

Trump cut production by 9 million bpd in 2020. What oil policy?

Trump says US will cut oil production to secure global deal

President Trump said Friday the U.S. would reduce its oil production to move forward with a tentative deal limiting global output, part of an effort by the administration to address …

thehill.com

 

[LeftofLeft]

It should be abundantly clear to you by now that we can't drill our way off the Saudi oil teat. They have us by the balls and there is nothing that can be done about it other than decreasing the demand.

What a defeatist attitude from yourself. If the US removes Biden’s restrictions he told US he was going to put on the Energy companies AND aggressively pursue VIABLE alternative energy solutions, we won’t be as dependent on the Saudis or any other foreign oil state.

It should be abundantly clear to yourself and all of the other Biden apologists that he and Harris made us more dependent on foreign oil.

 

[22lcidw]

Oil is just in time inventory.. it runs up the cost to handle it repeatedly and store it above ground.

Petroleum will be around another 75-100 years and it will become more expensive.

The Saudis aren't criminals. Saudi ARAMCO is the largest, most efficient, well integrated oil and in the world... and OPEC is always cheaper than US oil or Brent. Saudi ARAMCO is not a wildcat operation. They plan decades in advance.

If Biden can bring the Iranians back to a nuclear agreement, Iran will easily add another million bpd to international markets.

We will eventually see power plants designed to put Progs into.

 

[surada]

What a defeatist attitude from yourself. If the US removes Biden’s restrictions he told US he was going to put on the Energy companies AND aggressively pursue VIABLE alternative energy solutions, we won’t be as dependent on the Saudis or any other foreign oil state.

It should be abundantly clear to yourself and all of the other Biden apologists that he and Harris made us more dependent on foreign oil.

Production was reduced by 9 million bpd in 2020. .. before Biden was elected.

 

[occupied]

False! Trump had us on the way to complete independence.

No he didn't. Not even close. He just said shit like that and you bought it. You need to quit thinking that America can have oil production independent from the open market. Most oil in the world is traded on the NYMEX. This means US oil and gasoline ends up all over the world. Breaking with this arrangement where oil has to be traded in US dollars would not go well for us at all.

 

[JGalt]

The US government doesn't build oil refineries.

I really like Abdel al Jubeir.. for over 20 years now.

Of course the US government doesn't build refineries. But they sure as hell can keep them from being built.

Am I right, sweetmeat? Of course I'm right. Now come sit on daddy's lap.

 

[surada]

Of course the US government doesn't build refineries. But they sure as hell can keep them from being built.

Am I right, sweetmeat?

That's not the problem. The problem is investors.

Special Report: Trump told Saudi: Cut oil supply or lose U.S. military support - sources

By Timothy Gardner, Steve Holland, Dmitry Zhdannikov and Rania El Gamal

www.reuters.com

 

[occupied]

Al Jubeir is a calm, smart man.. always has been. He says our chokepoint is a lack of refineries. Why not listen to him instead of getting pissed off and resentful?

I don't trust anyone in Saudi government to tell us what is good for America. They are not our friends.