According to a report from Fox News, the Biden Administration asked Saudi Arabia to hold off on cutting back oil production until after the midterm elections; the Saudi government, which leads OPEC, rejected Biden’s appeal.
Gas prices are on the rise just in time for election day.
“The government of the kingdom clarified through its continuous consultation with the US administration that all economic analysis indicates that postponing the Opec+ decision by a month, according to what has been suggested, would have had negative economic consequences,” read a Thursday statement from the Saudis, according to the Guardian.
From Fox News:
The Biden administration responded to the decision with outrage, declaring Wednesday that the U.S. would “reassess” its relationship with the Saudis.
White House press secretary Karine Jean-Pierre went so far as to accuse the Saudis of siding with Russia on Tuesday. She announced Biden’s plans to take a step back from the long U.S. alliance with the Saudi government, though both the president and the administration have refused to offer details on potential actions.
“We believe by the decision that OPEC+ made last week, [Saudi Arabia is] certainly aligning themselves with Russia,” Jean-Pierre said during a Tuesday briefing at the White House. “And right now, this is not the time to be aligning with Russia, especially with this brutal, unprecedented war that they started in Ukraine.”
Senator Ted Cruz (R-TX) shared the story on Twitter, adding his thoughts on the situation.
“This is an important point, ignored by the media. Biden & the Dems WANT your gasoline prices even HIGHER than they are now…he just wants prices to dip right before Election Day because he thinks the voters won’t figure it out.”
This is an important point, ignored by the media.
Biden & the Dems WANT your gasoline prices even HIGHER than they are now…he just wants prices to dip right before Election Day because he thinks the voters won’t figure it out. https://t.co/g8eGqctOSn
— Ted Cruz (@tedcruz) October 13, 2022
More over at Fox News:
Saudis say Biden admin requested oil production cut to come after midterms https://t.co/lqWkmC9Se7
— Fox News Politics (@foxnewspolitics) October 13, 2022