said earlier Wednesday he would release 10 million more barrels of oil from the U.S. Strategic Petroleum Reserve to combat rising prices. That announcement came just hours after the Organization of the Petroleum Exporting Countries said it would be cutting oil production by 2 million barrels a day.
The White House condemned the OPEC+ decision and said in a joint statement released by National Security Adviser Jake Sullivan and NEC Director Brian Deese that Biden was "disappointed by the shortsighted decision by OPEC+ to cut production quotas while the global economy is dealing with the continued negative impact of Putin’s invasion of Ukraine."Oil is trading well below its summer peaks because of fears that major global economies such as the U.S.
Our President, Joey is a weak leader & laughing stock of world. Poor Domestic & Foreign Policies. Domestic: Energy Crisis, High Inflation. Foreign: USA is no longer feared, Putin arrogance, Xi Power, North Korea Nuclear Weapons, Middle East & South America Oil Strangle Hold.
But, nobody f..is with a Biden…..
So joe said on a hot mike nobody f with a biden guess what joe opec+ did.
They the world by the ball's, and now they squeezing.
And we mock Saudi Arabia and Russia
Oil effect everything in our daily lives.
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