President Joe Biden plans to release even more barrels of oil from the federal government’s strategic reserves to keep gas prices low before the midterm elections.
On Monday’s broadcast of the Fox Business Network’s “Mornings with Maria,” House Minority Whip Rep. Steve Scalise (R-LA) pointed out that French President Emmanuel Macron warned President Joe Biden that Saudi Arabia and the United Arab Emirates couldn’t really increase oil production
Saudi Defense Minister Prince Khalid bin Salman pronounced himself “astonished” by the barrage of attacks from the Biden White House last week accusing Riyadh of siding with Russia in the eight-year-old invasion of Ukraine, citing Ukrainian President Volodymyr Zelensky’s kind words towards the country as contradicting Washington.
President Joe Biden during a visit to Los Angeles on Thursday dismissed gas prices in California reaching nearly seven dollars a gallon.
During an interview aired on Thursday’s edition of NBC’s “Top Story,” White House NSC Coordinator for Strategic Communications John Kirby argued that the White House did not ask OPEC+ to delay cutting back oil production until after the midterms even
On Thursday’s broadcast of Bloomberg’s “Bloomberg Markets: The Open,” White House National Economic Council Director Brian Deese responded to questions on whether the Biden administration asked OPEC+ to delay its production cut for a month by stating that he didn’t
Russian media on Thursday boasted that Moscow stands ready to become a primary supplier of arms to Saudi Arabia if the Biden administration makes good on its threats to cut back on military sales to the Kingdom.
President Joe Biden has been accused of doing what President Donald Trump was impeached for allegedly doing: putting his own political interest ahead of the national interest by calling on the Saudis to hold off on cuts to oil production until after the midterms.
Saudi Arabia stressed their decision to back OPEC+ production cuts had nothing to do with the midterm elections in the United States.
The Ministry of Foreign Affairs of Saudi Arabia issued an outraged statement Thursday condemning the White House, without naming any official in particular, for claiming that Riyadh supported an OPEC+ decision to cut oil production by two million barrels a day because it had decided to side with Russia in the ongoing Ukraine war.
Saudi Crown Prince Mohammed bin Salman personally ordered a drop in oil production increases after leftist American President Joe Biden met with him in Riyadh this summer, the Wall Street Journal claimed in a report citing anonymous rumors on Tuesday.
Sheikh Mohamed bin Zayed al-Nahyan, president of the United Arab Emirates (UAE), met with Russian President Vladimir Putin in St. Petersburg to discuss “friendly relations” and “common interests.”
On Saturday’s broadcast of MSNBC’s “Velshi,” Rep. Sean Casten (D-IL) said he has a difficult time “not seeing what OPEC has done as a direct response to what we have done in this Congress to give people access to cleaner
The September jobs report showed that the labor market was stronger than expected, which probably locks in another 75-basis point hike when Federal Reserve officials meet again next month.
During an interview with Bloomberg on Thursday, Special Presidential Coordinator for Energy Security Amos Hochstein said that he did not leave his meeting with Saudi Crown Prince Mohammed bin Salman around two weeks ago where energy was one of the topics
President Joe Biden’s anti-drilling policies have cut oil supplies as much as the decision Wednesday by OPEC+ to slash two million barrels of oil production, an analysis by the Committee to Unleash Prosperity shows.
The Department of Labor will issue its report on September payrolls, unemployment, and wages on Friday. It may be the most hotly anticipated jobs report in recent memory.
The White House on Wednesday accused the Organization of the Petroleum Exporting Countries (OPEC+) of siding with Russia by deciding to cut oil production.
On Wednesday’s broadcast of CNN’s “Situation Room,” Rep. Pramila Jayapal (D-WA) reacted to OPEC’s announced production cut by stating that President Joe Biden’s trip to Saudi Arabia was a bad idea, and “I thought that we had to get much
“Do not taunt your neighbor with the blemish you yourself have,” the Talmud instructs us.
The White House on Wednesday expressed frustration that OPEC+ decided to cut production and announced additional releases of America’s oil reserves in an attempt to keep prices low.
On Tuesday’s broadcast of the Fox News Channel’s “Fox News @ Night,” Sen. Marsha Blackburn (R-TN) argued that because of the Biden administration’s energy policies, and the large amount of American debt that is held by OPEC member nations, the
On Tuesday’s broadcast of the Fox Business Network’s “Kudlow,” Sen. John Hoeven (R-ND) stated that OPEC sees the Biden administration draining the Strategic Petroleum Reserve and OPEC cutting production is “like jiu-jitsu.” And “They’re going to make the administration” buy
On Wednesday’s broadcast of the Fox News Channel’s “America’s Newsroom,” White House NSC Coordinator for Strategic Communications John Kirby said that the United States needs to be less dependent on foreign oil and that’s why President Biden “has issued more
On Wednesday’s broadcast of the Fox News Channel’s “America’s Newsroom,” White House NSC Coordinator for Strategic Communications John Kirby defended President Biden’s Saudi trip as “not about oil.” And reacted to announced production cuts by OPEC+ by stating that OPEC+ has
A stinging rebuke to the Biden administration.
On Tuesday’s broadcast of CNN’s “The Lead,” CNN Senior National Security Correspondent Alex Marquardt reported that the White House is “panicking” over the prospect that OPEC will cut oil production and is engaging in a “furious, last-ditch, wide-scale effort” to
Oil prices rose by almost $4 per barrel on Monday with news that OPEC+, the expanded Organization of Petroleum Exporting Countries that includes Russia, could announce its largest production cut in years during its meeting this week.
The Secretary General of the Organization of Petroleum Exporting Countries (OPEC), Haitham Al Ghais, traveled to Venezuela on Tuesday to meet with socialist dictator Nicolás Maduro, touting the “key role” of Venezuelan oil in the international market.
IRAQ – For President Joe Biden, a renewed Middle East crisis lurks just as the Afghan withdrawal debacle enters the rearview mirror and record-high gas prices continue to retreat.
OPEC+, a grouping that includes Saudi Arabia and its Organization of Petroleum Exporting Countries plus Russia, slapped President Joe Biden’s pleas for increased oil production aside with a smaller-than-expected boost for August — and production cuts are reportedly on the table for September.
On Wednesday’s broadcast of “CNN Newsroom,” White House Senior Adviser on Energy Security Amos Hochstein said OPEC’s increased oil output of 100,000 barrels a day won’t have a significant impact on the prices Americans pay. Co-host Jim Sciutto asked, “OPEC has
The tiny increase is being described as an insult to President Biden.
Ryan Lance, CEO of ConocoPhillips, warned at a Houston Producers Forum on Tuesday of upcoming crude oil shortages and price volatility, citing limited spare capacity of the Organization of the Petroleum Exporting Countries (OPEC) cartel and slow U.S. fossil fuel output going forward.
On Monday’s broadcast of MSNBC’s “Yasmin Vossoughian Reports,” National Security Council Coordinator for Strategic Communications John Kirby stated that after his trip to Saudi Arabia, President Joe Biden “feels optimistic that in two, three weeks, there could be some future
Oil prices jumped on Monday, ending a modest price slump caused not by President Joe Biden’s unsuccessful effort to beg Saudi Arabia to increase production, but rather by China’s economy-crushing coronavirus lockdowns and fears of a recession.
API said Biden nixed invites from U.S. oil and gas leaders to visit domestic sites, instead visiting Saudi Arabia to get more fossil fuels.
The Kingdom of Saudi Arabia’s General Authority for Statistics (GASTAT) published a report on Thursday that showed the oil industry booming with ten-percent growth, thanks in no small part to President Joe Biden’s attack on the American energy industry, while unemployment fell to 10.1 percent, its lowest level since 2008.
Secretary of Energy Jennifer Granholm said Sunday on CNN’s “State of the Union” that she thought President Joe Biden will meet with Crown Prince Mohammed bin Salman during the president’s upcoming trip to Saudi Arabia.
Recent OPEC oil production numbers show the cartel’s members are missing their production targets, jeopardizing President Joe Biden’s upcoming visit to Saudi Arabia to request more oil imports.
