Author Topic: Report: Joe Biden Made Secret Saudi Deal to Ease Gas Prices Right Before Midterm Elections  (Read 258 times)

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Offline mystery-ak

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Report: Joe Biden Made Secret Saudi Deal to Ease Gas Prices Right Before Midterm Elections

Charlie Spiering 26 Oct 2022

President Joe Biden and his administration worked extensively to work out a secret deal with Saudi Arabia to ease oil and gas prices right before the midterm elections, even though the Saudis ultimately backtracked.

Biden officials scrambled to convince the Saudis not to cut oil production before the midterm elections and thought they had succeeded once Biden agreed to meet with Crown Prince Mohammed bin Salman.

Biden officials pushed for the Saudis to accelerate production in July and August and additional increases from September to December, which would significantly impact oil production ahead of the midterms.

Details of the deal were revealed by the New York Times:

    First, the Saudis would accelerate an OPEC Plus production increase of 400,000 barrels per day already planned for September, moving it to July and August. Then the Saudis would get the cartel to announce a further production increase of 200,000 barrels per day for each month from September to December of this year.

On June 2, OPEC Plus announced they would move up the production increase scheduled for September — fulfilling the first part of the secret deal.

Team Biden soothed concerns from furious Democrats with details of the oil deal, the Times reports, after the White House would meet with the Saudis despite Biden promising to treat them as a “pariah” during his campaign.

Although Biden and the White House repeatedly said his trip to Saudi Arabia was not about the price of oil, details of the deal reveal how much of a priority it actually was to the administration.

But the deal that Biden and his team constructed blew up in their face.

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https://www.breitbart.com/politics/2022/10/26/report-joe-biden-made-secret-saudi-deal-to-ease-gas-prices-right-before-midterm-elections/
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Offline Fishrrman

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I've got no use for the Saudis, but at least they did the right thing on this one...

Offline christian

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The plan was and will always be by democrats, lower prices just before and election, then mercilessly hike prices after the election.  Odd how many times it has been done, and yet so many demand to be useless mindlessly clueless.
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