President Joe Biden’s attempts to reduce the cause of high gas prices to the war in Ukraine initially, and corporate greed more recently, are disingenuous.
On day one this president clearly stated his opposition to oil and gas production and development. The president’s words and even more so his actions, have serious impacts on the costs of commodities, including oil.
The Organization of the Petroleum Exporting Countries (OPEC) and its partners agreed to boost oil production on Thursday, backing a plan released earlier this month, ahead of President Joe Biden’s visit to Saudi Arabia in mid-July.
In their fifth meeting since the beginning of the war in Ukraine, which sent oil prices skyrocketing to above $100 a barrel for the first time in eight years, OPEC and a group of Russian-led non-OPEC members agreed to raise their collective production by 648,000 barrels a day.
Israel is in consultations with Middle Eastern countries to install Israeli-made defense systems on their territory, Breaking Defense reported Wednesday.
Several countries, including Saudi Arabia and the United Arab Emirates, have reportedly negotiated with Israel to obtain a network of sensors that will combat the potential missile threat from Iran, according to Breaking Defense. A shared communications network would theoretically allow participating states to alert others when incoming missiles trigger the sensors, Breaking Defense reported, citing Israeli officials.
U.K. Prime Minister Boris Johnson traveled to the Middle East to discuss increased oil production with leaders after they reportedly snubbed President Joe Biden’s requests.
Johnson met with United Arab Emirates Crown Prince Mohammed bin Zayed al Nayhan on Wednesday and is traveling to Saudi Arabia to meet with Crown Prince Mohammed bin Salman later in the day, according to The Wall Street Journal. Johnson is reportedly set to deliver a message on behalf of the West, urging the two oil-rich nations to boost production.
“The Prime Minister set out his deep concerns about the chaos unleashed by Russia’s unprovoked invasion of Ukraine, and stressed the importance of working together to improve stability in the global energy market,” the British government said in a readout of Johnson’s meeting with the UAE leader earlier Wednesday.
When the Biden administration appeals to Iran, Venezuela, and Saudi Arabia for oil but rejects American and Canadian oil and gas production, there is something profoundly wrong.
Why does Joe Biden think dictators are better than Americans? Why send money to Iran instead of Oklahoma – or to Venezuela instead of Texas? If he wants to send money outside the United States, why not send money to Canada rather than Saudi Arabia?
The governments of both Saudi Arabia and the United Arab Emirates (UAE) allegedly refused to answer phone calls from Joe Biden when he attempted to start up negotiations on the purchase of oil from the two energy-rich nations.
According to the New York Post, an anonymous Biden Administration official said that Biden’s attempts to reach Saudi Arabia’s Crown Prince Mohammed bin Salman and the UAE’s Sheikh Mohammed bin Zayed al Nahyan were deliberately ignored by both leaders.
Newly declassified documents from the FBI give a sense of the depth of the bureau’s investigation into potential ties of the Saudi government to the 9/11 terror attacks.
According to The Hill, the FBI investigated how much support Saudi officials — including one at their embassy in Washington — may have given to three Saudis involved in the attacks, including “procuring living quarters and assistance with assimilating in the country.”
A Saudi activist is suing Twitter for allegedly hiring two Saudi spies who, the activist claims, used their positions within the social media company to steal his personal information.
The complaint, filed by activist Ali Al-Ahmed on Wednesday a California federal court, alleges that two Saudi citizens and former Twitter employees, Ahmad Abouammo and Ali Hamad A Alzabarah, used their jobs to access Al-Ahmed’s email addresses, contacts, phone numbers, birth dates, and IP addresses between 2013 and 2015. The two men then sold this information to the Saudi government, the complaint alleged.