Biden considering 'alternatives' after OPEC oil production cuts | USA TODAY

President Biden says the White House is exploring alternatives after OPEC’s decision to slash the amount of oil delivered to the global economy.

President Joe Biden said Thursday his administration is looking for ways to lower gas prices after oil-exporting countries announced plans to cut production by 2 million barrels a day, a move that will likely raise prices at the pump. "We are looking at alternatives – we haven’t made our minds up yet,” Biden told reporters at the White House.

Biden also said he doesn’t regret his trip to Saudi Arabia last July in which he met with the crown prince, Mohammed bin Salman, despite objections from human rights organizations. The trip was widely seen as an attempt by Biden to get the Saudis to ramp up oil production to lower gas prices.

Biden said the trip was about diplomatic issues in the Middle East and Israel, but that OPEC's decision was nonetheless "a disappointment and says that there are problems."

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#Biden #OPEC #Oil

[mikelbrenn]

A man named Donald Trump told the US and its allies to make sure they are energy independent but they all laughed at them. Citing that clean energy and Green Deal (exporting pollution to other nation) is more important.

[tobyhall]

Everything trump said that debate has happened. My how far this country has fallen in just two years under the radical democrats . Vote for common sense, vote for your kids, vote republican.

[valkimura]

Never mind this trivia. Can we talk about racism and homophobia now--the "real" problems that savvy Americans voted in Biden and Kamala for?

[KHH]

He has failed at every turn. We gotta get rid of this guy and every other politician who supports him. I’m voting for the conservatives because we cannot let things get any worse!!

[apolyon]

Technically America doesnt need opec, America has the ability to produce and be independent and not reliant on them or anyone else, but it goes against the green agenda and therefor, the green ideology has expectations that are not realistic and thus America is no longer a major producer! The laws they create are not beneficial to the country and therefor does not make sense, so, how about exclude production from the green agenda laws and not be dependant on others and also bring our prices down! The green agenda should be focused on the energy grid that is powered by multiple products from solar to windmill and water and storage of the energy, basically multiple layers of energy formats, bringing it to people over time as this takes time to do it right!! The infrastructure is not there, unless you magnify the wireless charging idea on a grand scale, basically a form of tesla tech, and charge the basic citizen a flat rate fee of one dollar a month which would amount to 258 million or more a month, as that is how many adults America has, and that is more than enough to do some cool things!

[nunyabidnis]

This is like begging for food while you have a grocery store gift card in your pocket. 🤡

[AryanSingh]

You know I'm a really good lawyer in a parallel universe

[biffstrong]

If only the US had an ally nearby with massive oil sand reserves where production simply needs to be expanded to provide the US with all the oil they could need without resorting to the need to kowtow to dictators and murderous regimes. If Only
Thank goodness they cancelled that pipeline to Canada.

[alanconnor]

not even 1 years in...we r a destroyed nation..

[yy]

That’s what happen when you call an alley a “parayah” (the whole population of Saudi wants this moment) - most of Saudis love the US people though, sorry but your current president is expired

[rodantegutierrez]

Where's the Green energy now? When your leaders want to be green it means higher gasoline then domino effect until food price goes up as well. While they can afford to buy the gasoline in their car the people struggle to pay for it.

[Morzanith]

It's a copy paste of my grandpa just roaming around not really sure what is going on or how to answer questions. I can't believe this was my only option.

[luapl]

a lot of alternatives = no alternative

[AryanSingh]

You know Im not a fan of trump but atleast he knows what he is doing he never poked Saudi's too much. He's business mind knew what is good and bad for business

[Potato-munu]

Hey Biden could you make it easier for the working class please? Maybe raise taxes, spend more money you don't have causing inflation, but calling it the " Inflation Reduction Act". How about you put boots on the ground in Ukraine, get us in a war. Anything to make things better would be appreciated Joe.

[johnmartinez]

This is not the first time OPEC cut production; when Trump was in office in 2018, Opec did the same.CNN, CNBC. report it.Dec 7, 2018 — Major oil producers have reached a deal to cut oil production and boost the market. · The alliance will to take 1.2 million barrels per day off market. Feb 2, 2017 — Saudi Arabia, OPEC's largest producer, led the January cuts with a reduction of half a million barrels a day

[HilarityBribo]

How bout we consider alternative president.

[boss-ihuk]

I thought the government had hand in energy supplies like the grid but oil companies are doing anything without explaination

[michelleanderson]

That's what happens when you try to cancel Russian oil Cest la vie!!!

[johnmuthan]

🤣🤣🤣🤣.
Sure I mean who could have though that a sanctions on caping the oil prices from Russia being inforced through tanker's insurance policy, forbidding any insurance on tanker's with any oil at a higher price than what USA or EU dictate should be the correct price would work, that was going to affect all members of OPEC, not just Russia.
And as all OPEC members are in essence allies of Russia, that's USA Lulu land sanctions backfiring!