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2022-10-28 Home Front: Politix

Report: Joe Biden Made Secret Saudi Deal to Ease Gas Prices Right Before Midterm Elections

[Breitbart] President Joe Biden and his administration worked extensively to work out a secret deal with Saudi Arabia to ease oil and gas prices right before the midterm elections, even though the Saudis ultimately backtracked.

Biden officials scrambled to convince the Saudis not to cut oil production before the midterm elections and thought they had succeeded once Biden agreed to meet with Crown Prince Mohammed bin Salman.

Biden officials pushed for the Saudis to accelerate production in July and August and additional increases from September to December, which would significantly impact oil production ahead of the midterms.

Details of the deal were revealed by the New York Times:

First, the Saudis would accelerate an OPEC Plus production increase of 400,000 barrels per day already planned for September, moving it to July and August. Then the Saudis would get the cartel to announce a further production increase of 200,000 barrels per day for each month from September to December of this year.

On June 2, OPEC Plus announced they would move up the production increase scheduled for September — fulfilling the first part of the secret deal.

Team Biden soothed concerns from furious Democrats with details of the oil deal, the Times reports, after the White House would meet with the Saudis despite Biden promising to treat them as a “pariah” during his campaign.

Although Biden and the White House repeatedly said his trip to Saudi Arabia was not about the price of oil, details of the deal reveal how much of a priority it actually was to the administration.

But the deal that Biden and his team constructed blew up in their face.

OPEC+ announced only a boost of 100,000 barrels a day in August, and in September they announced they would cut production by 100,000 barrels.

In October, OPEC+ shocked Biden officials after they announced they would actually cut production by two million gallons a day instead of increasing production.

Posted by Skidmark 2022-10-28 00:00|| || Front Page|| [11131 views ] Top
File under: Tin Hat Dictators, Presidents for Life, & Kleptocrats

#1 The CIA is planning the color revolution in Saudi Arabia right now. It will take a while to get organized, but I'd look for it in 3-6 months. Will it succeed like the Ukraine coup of 2014 or will it fail like the Venezuela coup of 2002? Only time will tell!

Posted by Spike the Hairy6811 2022-10-28 02:45|| 2022-10-28 02:45|| Front Page Top

#2 The CIA is planning the color revolution in Saudi Arabia right now.

Care to share anything to substantiate that, or is it simply projection?

Posted by Skidmark 2022-10-28 09:26|| 2022-10-28 09:26|| Front Page Top

#3 freezing nearly a trillion in assets would be a good start at that color revolution.

Posted by Chris 2022-10-28 11:51|| 2022-10-28 11:51|| Front Page Top

#4 If the CIA is planning a Saudi overthrow, their team better not include anyone in the Biden team that was caught by surprise when their election scam failed. The administration has demonstrated a total lack of ability to predict Saudi policy. The most cogent CIA op parallel to a misunderstanding of prevailing conditions would be the Bay of Pigs debacle.

Posted by Super Hose 2022-10-28 11:52|| 2022-10-28 11:52|| Front Page Top

#5 Wouldn't be surprised if the Soddies led Biden down the garden path, making him think they would go along with this scheme, then backing out of it and going public with the details just to make Biden look like the corrupt fool that he is.

Posted by Abu Uluque 2022-10-28 12:29|| 2022-10-28 12:29|| Front Page Top

#6 don’t impeach him. khashoggi the ol’ perv

Posted by Cletch Clunk7954 2022-10-28 13:04|| 2022-10-28 13:04|| Front Page Top

#7 Ref #4: The Bay of Pigs debacle was only one of many, up to and including Benghazi, the more recent Jeffrey Epstein affair, the Wuhan mystery, the Hunter laptop, the war on Trump, and the Ukraine mess.

Posted by Besoeker 2022-10-28 13:29|| 2022-10-28 13:29|| Front Page Top

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