Gas prices are still up nearly 100% since the Biden administration was put in power.
Democrats know that this is a major issue for voters and could lead to huge losses for the party.
But Saudi Arabia just dropped a bombshell on the Biden administration ahead of the Midterm elections.
Saudi officials push back on Biden administration’s efforts to influence OPEC+
OPEC+ recently announced that they are cutting oil production by two million barrels per day.
The corporate-controlled media and political establishment claim the production cuts are to help Putin.
Now Saudi officials are pushing back and have released a statement that puts Biden and his administration in a very awkward position.
They explained that they reject the assertion that they are acting politically.
They said statements have been made “that are not based on facts, and which are based on portraying the OPEC+ decision out of its purely economic context.”
According to their statement, “the Kingdom affirms that the outcomes of the OPEC+ meetings are adopted through consensus among member states” and that they aren’t acting on a “unilateral decision by a single country.”
Saudi Arabia claims that the US administration tried to delay the production cut by just one month
The production cut is “based purely on economic considerations that take into account maintaining a balance of supply and demand in the oil markets,” and they are hoping “to limit volatility that does not serve the interests of consumers and producers.”
They further explain that the idea that they are acting on the interests of other governments is farcical because “OPEC+ group makes its decisions independently in accordance with established independent practices.”
They went on to discuss the efforts of the Biden administration to postpone the production cut for one month.
They claimed, “the government of the Kingdom clarified through its continuous consultation with the US Administration that all economic analyses” of postponement “would have had negative economic consequences.”
That’s where we see the truth come through.
The Biden administration was pushing them to make the changes in November following the US Midterm elections.
The Kingdom anticipated “attempts to distort the facts” about the policy change
Based on their letter, they seemed to expect that their actions would be misinterpreted by the international press.
They knew this would be misconstrued as part of the Ukraine-Russia conflict.
They wanted people to know “that any attempts to distort the facts about the Kingdom’s position regarding the crisis in Ukraine are unfortunate” and that these delusions would not “change the Kingdom’s principled position.”
They will still “vote to support UN resolutions regarding the Russian-Ukrainian crisis” because it’s important “for all countries to adhere to the United Nations Charter, principles of international law, and the Kingdom’s rejection of any infringement on the sovereignty of countries over their territories.”
Saudis want to see strong relations “with all friendly countries” and to “protect the global economy”
The Kingdom seeks to “preserve the strength of its relations with all friendly countries” and rejects “any dictates, actions, or efforts to destroy its noble objectives to protect the global economy from oil market volatility.”
They went on to say that it was important to resolve challenges in “non-politicized constructive dialogue” and that they see their relationship with the US as “a strategic one that serves the common interests of both countries.”
They also want to see the relationship with the US built on “solid pillars” including “mutual respect, enhancing common interests, actively contributing to preserve regional and international peace and security, countering terrorism and extremism, and achieving prosperity for the peoples of the region.”
US Political Daily will keep you up-to-date on any developments to this ongoing story.