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Saudi Arabia to Biden....F U! OPEC+ Slashes Oil Production, Higher Prices Coming

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Gas prices will likely spike shortly before the election due to Saudi Arabia's giant "F U" to the democratic party. Ana Kasparian and Cenk Uygur discuss on The Young Turks. Watch TYT LIVE on weekdays 6-8 pm ET. http://youtube.com/theyoungturks/live

Read more HERE: https://www.cnbc.com/2022/10/06/oil-us-delivers-angry-rebuke-of-massive-opec-production-cut.html

"The White House angrily pushed back at OPEC+ after the oil producer group announced its largest supply cut since 2020, lashing out at what President Joe Biden’s administration described as a “shortsighted” decision.

Energy analysts believe the deep production cuts could yet backfire for OPEC kingpin and U.S. ally Saudi Arabia, particularly as Biden hinted Congress would soon seek to rein in the Middle East-dominated group’s influence over energy prices."

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221006__TB01_Dems_Take_On_Saudi_Arabia
Category
Europe
Tags
221006__TB01_Dems_Take_On_Saudi_Arabia, News, Politics
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