This, however, reeks of desperation. Biden desperately needs more oil production in order to get prices lower in the US for the political survival of his party. He’s still hostage to the hardline progressives in his party, who erupted in outrage when Biden attempted to slightly loosen restrictions on production and exploration he hastily imposed at the start of his term. Biden tried to call on MBS to get Saudi Arabia to increase production at the start of the Russian invasion of Ukraine, only to get very publicly snubbed by one of our key strategic partners in the Middle East.
Let's see: we have the SPR release, the E15 ploy, and now the Saudi supplication. Anything - anything at all - except boosting domestic production of oil.
1 comment:
"And now the Saudi supplication"?
https://static01.nyt.com/images/2017/05/23/world/23orb/23orb-superJumbo.jpg
https://www.brookings.edu/wp-content/uploads/2016/06/bush_abdullah001.jpg
Decades of nuh-uh climate change denial and Solyndra hate fetishism have a way of clashing with critiques of America's Saudi oil acquisition policy*.
(*but only under Democratic presidents)
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