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OPEC and Kingdom of Saudi Arabia QUID PRO QUO with BIDEN before the #midterms Smelling Fishy
#quidproquo #opec #oil #stockmarket
The Biden administration urged Saudi Arabia and other OPEC+ members to delay announcing oil production cuts until after the November mid-term elections. Gas prices are foremost in the minds of American voters and are expected to play a major role in the control of Congress in the minds of voters. Saudi Arabia refused to go along with Biden's wishes, saying that they would be reducing their oil production, as would their Russian allies.
Biden then threatened to withhold Congressionally authorized arms sales to Saudi Arabia, making the stunning admission during a recent sit-down interview with CNN's Jake Tapper, in which he stated that Saudi Arabia would face "consequences for what they've done with Russia." Biden asked Saudi Arabia to delay their decision to cut oil production, and to drill more oil in the lead up to the November midterm elections, essentially to boost the Democratic Party by cutting gas prices.
The administration has claimed that the ask to Saudi Arabia to delay their cutback on oil production was not at all a political move, however, Saudi Arabia said that it was. They stated further that they are not taking a stance on the Ukraine-Russia conflict, and that their decision to cut production was an economic, not a political one.
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