Politics

Biden Regime ‘Having a Spasm And Panicking’ After OPEC Ministers Agree To Cut Oil Production By Two Million Barrels A Day

On Wednesday, news broke that a panel of OPEC ministers agreed to cut oil production by two million barrels a day, sending the Biden Regime into what one official called “a spasm and panicking.”

According to Breitbart:

A panel of energy ministers of the OPEC+ alliance of oil-exporting countries on Wednesday agreed to recommend a historically large cut in output, a stinging rebuke to the Biden administration that is likely to mean higher prices at gas pumps in the United States and Europe.

The alliance, which is led by Saudi Arabia and includes Russia, is meeting in Vienna to negotiate the largest production cut since the pandemic first struck. The energy ministers who comprise the cartel’s Joint Ministerial Monitoring Committee recommended a cut of two million barrels per day in the group’s overall production. A final decision will be voted on later on Wednesday.

The Biden administration has reportedly been attempting to persuade the Saudis not to support a production cut. The administration fears higher prices will aid Russia, hurt U.S. allies in Europe, and be a blow U.S. consumers ahead of the midterm election.

CNN reported that the Regime sees the move as a “hostile act” and is scrambling to prevent the move, viewed as a complete repudiation of the Regime’s efforts to get the oil-producing cartel to increase production:

Some of the draft talking points circulated by the White House to the Treasury Department on Monday that were obtained by CNN framed the prospect of a production cut as a “total disaster” and warned that it could be taken as a “hostile act.”

“It’s important everyone is aware of just how high the stakes are,” said a US official of what was framed as a broad administration effort that is expected to continue in the lead up to the Wednesday OPEC+ meeting.

The White House is “having a spasm and panicking,” another US official said, describing this latest administration effort as “taking the gloves off.” According to a White House official, the talking points were being drafted and exchanged by staffers and not approved by White House leadership or used with foreign partners.

This, just days after His Lying Demented Fraudulence, Joe “#PedoHitler” Biden bragged that gas prices were going down, using his now trademark “creepy” whisper:

Will this presidential election be the most important in American history?

He bragged that gas prices were down $1.30/gallon, but they still remained $1.29/gallon higher than when he was installed as president.  He also hit the crowd with another of his never-ending whoppers:

And guess what?  Prices are on their way back UP.  And that was after Biden depleted the Strategic Petroleum Reserve to dangerous levels.  Worse yet, he sent millions of barrels to other countries, including China!

Karine Jean-Pierre, the Chief White House Propagandist, was unable to say what happened to Biden’s pledge to increase oil supply:

Of course, the reason she couldn’t answer the question is because Biden’s pledge was — like everything else coming out of his crooked lips — a LIE.  She also refused to answer if Biden would take responsibility for gas prices going back up, since he took credit for them going down, albeit temporarily:

“It’s a lot more nuanced than that,” Jean-Pierre told Fox News’ Peter Doocy.

No, it really isn’t.  Biden declared war on domestic energy production from his first day in office, and now America is reaping the results of his disastrous decisions.  And it’s not like he didn’t warn us.

He even suggested throwing fossil fuel execs into JAIL!

Biden also promised to destroy the entire oil industry during a debate with Trump.

Elections have consequences, America.  We were warned what Biden was going to do.  He did it, then blamed everyone on earth except himself — gas station owners, Vladimir Putin, you name it.  Now he’s scrambling.

If you think things were bad before, just wait.  Things are going to get a whole lot worse.

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Joe Newby

A 10-year veteran of the U.S. Marine Corps, Joe ran for a city council position in Riverside, Calif., in 1991 and managed successful campaigns for the Idaho state legislature. Co-author of "Banned: How Facebook enables militant Islamic jihad," Joe wrote for Examiner.com from 2010 until it closed in 2016 and his work has been published at Newsbusters, Spokane Faith and Values and other sites. He now runs the Conservative Firing Line.

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