OPEC Expected To Cut Oil Production By Two Million Barrels A Day

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The OPEC alliance announced it would be cutting back oil production by two million barrels of oil a day, a move that will likely cause gas prices to rise. CNBC's Seema Mody has details.

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Gas just went from 2.89 and now it at 3.05 now

americanprincess
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Maybe president sippy cup should unleash our energy potential.

spankyssurprise
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Forget OPEC. We got our own oil. And lots of it.

GeorgeKafantaris
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That’s our President and VP showing true leadership less!! Way to go !

carlitos
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GAS IN PEKIN IL. JUST WENT 3.79 TO $$$4.29 A GAL. THIS IS BIDEN FAULT.

Lonewolf-qhfh
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Expect when it hits $12 a gallon. When it does you will pay high amounts

RobustArid
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Countries have the right to support their own interest. Just US does.

Beyonder
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What do you mean prices are going to go back up today is October 5th 2022 and here in California were paying $6.43 a gallon. 🤯🤯

dwilson
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Swell. I paid $6.57 for regular today. San Diego California.

hamfistsman
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But....the media says noone standa with Russia😂😂😂

bryandimery
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Biden expected to nationalize the industry

jeffperteet
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Expect it. You can aford million dollar mortgage you can aford gas

RobustArid
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10$ a gallon seems more realistic unfortunately

houseofgarci
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I broke the OPEC strangle hold 2 years ago when I bought a Tesla, solar and storage batteries. Now I control my energy production.

danabe
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Supply and Demand.
OPEC reducing their supply to charge more for demand while reducing their expenses and increasing profits.
Thanks for the free Business 101 course in economics, MSNBC.

cjdfv
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Yep that sounds right. Keep it there, youll find a way to survive. Youll also quell fathers anger.

js
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Call a cartel hmm very unfair arrogant and rude. As usual, USA

Padenie
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All of you saying Biden this and Biden that have lost your minds. Where did this say anything about Biden raising prices?

daydreonmckinney
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The next time Saudi Arabia is threatened we don't need to send our military like we did the last time. With friends like this, they're on their own.

jamesp
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People are missing the point, this is Saudi’s way of asking for us to bring democracy to their people 😎

TheLibTearMaker