CovOps
Location : Ether-Sphere Job/hobbies : Irrationality Exterminator Humor : Über Serious
| Subject: Incontinent-Geriatric Biden to Keep Draining Strategic Oil Reserve After OPEC Embarrasses Him Again Wed Oct 05, 2022 9:09 pm | |
| The Organization of Petroleum Exporting Countries — OPEC+ — has, once again, delivered an embarrassing blow to the Biden administration and its ability to use the United States' influence to sway its decisions.
After previewing its plans to cut production by one million barrels of oil per day, the White House claimed it was engaged in a "last-ditch effort" to talk OPEC+ down from its proposal as gas prices in the United States had already reversed a dip to move upward in the last two weeks.
On Wednesday, OPEC+ announced that, despite Biden's begging, they were in fact going to cut oil production. But instead of just reducing output by one million barrels per day, they announced that they would reduce production by *two* million barrels per day.
The embarrassment mirrors Biden's previous fruitless attempts to convince OPEC+ to increase production — which were met with flat rejections.
.https://townhall.com/tipsheet/spencerbrown/2022/10/05/biden-to-keep-draining-strategic-oil-reserve-after-opec-embarrasses-him-again-n2614003?recip=28566654 _________________ Anarcho-Capitalist, AnCaps Forum, Ancapolis, OZschwitz Contraband “The state calls its own violence law, but that of the individual, crime.”-- Max Stirner "Remember: Evil exists because good men don't kill the government officials committing it." -- Kurt Hofmann |
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