Saudis: Biden DID Try To Delay Oil Cut Until After Election
View Source | October 13, 2022 12:26 pm
- Last week OPEC+ announced it would cut oil production by two million barrels per day
- Production cuts are already jacking gas prices back up – $3.91 is the average cost per gallon as of Thursday
- Russia, which relies on fuel exports to bankroll its invasion of Ukraine, is sure to benefit from the higher prices
- On Wednesday State Department spokesman Ned Price refused to confirm reports the Biden administration had begged the Saudis to wait
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