• Latest
  • Trending
  • All
  • News
  • Business
  • Lifestyle
U.S. Crude Futures Turn Negative for First Time on Scant Storage, Weak Demand

Biden Admin Begs Oil Cartel To Increase Production After Reducing US Drilling

August 11, 2021
EXCLUSIVE: John Cornyn Slightly Ahead Of Closest Competition In Brutal Senate Primary, Poll Shows

EXCLUSIVE: John Cornyn Slightly Ahead Of Closest Competition In Brutal Senate Primary, Poll Shows

December 1, 2025
BILL SPADEA: The STOCK Act And Congress’ War On Sunlight

BILL SPADEA: The STOCK Act And Congress’ War On Sunlight

December 1, 2025
Clooney Says Losing ‘Thelma & Louise’ Role to Pitt Fueled Years of Frustration

Clooney Says Losing ‘Thelma & Louise’ Role to Pitt Fueled Years of Frustration

November 30, 2025
Beverly D’Angelo Says Choosing Motherhood at 49 Changed Her Life — and Her Career

Beverly D’Angelo Says Choosing Motherhood at 49 Changed Her Life — and Her Career

November 30, 2025
Trump Backs Hegseth, Dismisses Allegation of Second Strike on Drug Boat

Trump Backs Hegseth, Dismisses Allegation of Second Strike on Drug Boat

November 30, 2025
Family Celebration Turns Tragic as Gunfire Kills Four, Including Three Children

Family Celebration Turns Tragic as Gunfire Kills Four, Including Three Children

November 30, 2025
Airspace Closure Raises Stakes as Trump Pressures Maduro to Step Down

Airspace Closure Raises Stakes as Trump Pressures Maduro to Step Down

November 30, 2025
STEVE MILLOY: Thankful For President Trump’s Climate Report Card

STEVE MILLOY: Thankful For President Trump’s Climate Report Card

November 30, 2025
Dem Tennessee Congressional Candidate Aftyn Behn Ducks Behind One Reason When Confronted Over Alienating Comments

Dem Tennessee Congressional Candidate Aftyn Behn Ducks Behind One Reason When Confronted Over Alienating Comments

November 30, 2025
Tom Homan Predicts Deportation Of Most Third World Migrants Over Risks From Screening Docs

Tom Homan Predicts Deportation Of Most Third World Migrants Over Risks From Screening Docs

November 30, 2025
Customers Rage as Cheesy Black Friday Deal Sells Out Quickly 

Customers Rage as Cheesy Black Friday Deal Sells Out Quickly 

November 30, 2025
Rep. Jasmine Crockett Still Won’t Retract Accusation Lee Zeldin Took Money From Jeffrey Epstein

Rep. Jasmine Crockett Still Won’t Retract Accusation Lee Zeldin Took Money From Jeffrey Epstein

November 30, 2025
  • Donald Trump
  • Tariffs
  • Congress
  • Faith
  • Immigration
Monday, December 1, 2025
  • Login
IJR
  • Politics
  • US News
  • Commentary
  • World News
  • Faith
  • Latest Polls
No Result
View All Result
IJR
No Result
View All Result
Home News

Biden Admin Begs Oil Cartel To Increase Production After Reducing US Drilling

by Western Journal
August 11, 2021 at 4:04 pm
in News
242 10
0
U.S. Crude Futures Turn Negative for First Time on Scant Storage, Weak Demand

FILE PHOTO: An oil pump jack pumps oil in a field near Calgary, Alberta, Canada on July 21, 2014. (Todd Korol/Reuters)

491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

The Biden administration, which began its reign by turning off the spigot of oil flowing from North American sources, is now begging Middle Eastern nations for anything they can spare.

The White House on Wednesday released a statement by National Security Advisor Jake Sullivan in which Sullivan said the United States needs foreign nations to bail it out.

“Higher gasoline costs, if left unchecked, risk harming the ongoing global recovery. The price of crude oil has been higher than it was at the end of 2019, before the onset of the pandemic,” the statement said.

The American Automobile Association on Wednesday said the average price of gasoline in the United States is $3.185 per gallon. That’s more than $1 higher than the average price of $2.183 from a year ago.

“While OPEC+ recently agreed to production increases, these increases will not fully offset previous production cuts that OPEC+ imposed during the pandemic until well into 2022. At a critical moment in the global recovery, this is simply not enough,” the statement continued.

“President [Joe] Biden has made clear that he wants Americans to have access to affordable and reliable energy, including at the pump.”

“Although we are not a party to OPEC, the United States will always speak to international partners regarding issues of significance that affect our national economic and security affairs, in public and private. We are engaging with relevant OPEC+ members on the importance of competitive markets in setting prices. Competitive energy markets will ensure reliable and stable energy supplies, and OPEC+ must do more to support the recovery,” the statement said.

Biden, who campaigned on the need to put climate change policies ahead of energy independence, in January stopped construction of the Keystone XL Pipeline, which was designed to increase the flow of oil from Canada to the United States, and also called for a halt to new oil and gas leases on public lands, according to CNBC.

The dissonance between stopping the flow of oil with one hand and calling for an increase in oil flow with the other brought out the critics on Twitter.

US senator @JohnCornyn in response to the statement calling on opec to boost output #OOTT #US #Opec pic.twitter.com/1pQEyoUdqj

— Amena Bakr (@Amena__Bakr) August 11, 2021

Joe Biden is asking OPEC to increase production to lower gas prices, which forces us to increase our reliance on foreign oil.

We wouldn’t have to be beholden to Middle East oil if Biden hadn’t shut down Keystone, limited domestic production, and killed oil and gas jobs.

— Cassandra (@CassyWearsHeels) August 11, 2021

Trump helped usher in an era on energy independence. Biden flushed it down the toilet and now is groveling to OPEC to fix his mistakes. Pathetic https://t.co/goQPNh2PxG

— Chris Bentley ?? (@chrisbentley13) August 11, 2021

In an analysis of Biden’s energy policies on National Review, Jakob Puckett wrote that Biden “wants other countries to do the dirty work of drilling the oil for him.”

Puckett noted that Biden is playing into the hands of some of America’s rivals.

“Setting up a market in which OPEC can profitably sell more oil effectively creates a market opportunity for OPEC Plus (of which Russia is a part) and Iran. Both countries pose a strategic challenge to America — a challenge that is, in no small part, funded by those countries’ hydrocarbon riches,” he wrote.

Does this policy move make sense?

Completing this poll entitles you to our news updates free of charge. You may opt out at anytime. You also agree to our Privacy Policy and Terms of Use.
Yes: 0% (0 Votes)
No: 100% (3 Votes)

The revenue Russia gets from oil sales “helps underwrite aggression in Ukraine, in addition to cyberattacks on critical infrastructure in America and its allies, and emboldens reckless behavior by autocrats aligned with Moscow in sensitive parts of the world,” he wrote.

“Offering OPEC Plus an opportunity to make more money is a head-scratcher. Russia and Iran would benefit from increased oil revenue; it would assist, too, in the funding of activities that have created foreign-policy headaches for years.

“But perhaps this shouldn’t be too surprising given that President Biden has already canceled the Keystone XL pipeline while giving Russia’s Nord Stream 2 pipeline a thumbs-up — a move that will simultaneously increase Europe’s dangerous reliance on Russian oil and hit Ukraine financially.”

This article appeared originally on The Western Journal.

Tags: energypolitics
Share196Tweet123
Western Journal

Western Journal

Advertisements

Top Stories June 10th
Top Stories June 7th
Top Stories June 6th
Top Stories June 3rd
Top Stories May 30th
Top Stories May 29th
Top Stories May 24th
Top Stories May 23rd
Top Stories May 21st
Top Stories May 17th

Join Over 6M Subscribers

We’re organizing an online community to elevate trusted voices on all sides so that you can be fully informed.





IJR

    Copyright © 2024 IJR

Trusted Voices On All Sides

  • About Us
  • GDPR Privacy Policy
  • Terms of Service
  • Editorial Standards & Corrections Policy
  • Subscribe to IJR

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Thanks for reading IJR

Create your free account or log in to continue reading

Please enter a valid email
Forgot password?

By providing your information, you are entitled to Independent Journal Review`s email news updates free of charge. You also agree to our Privacy Policy and newsletter email usage

No Result
View All Result
  • Politics
  • US News
  • Commentary
  • World News
  • Faith
  • Latest Polls

    Copyright © 2024 IJR

Top Stories June 10th Top Stories June 7th Top Stories June 6th Top Stories June 3rd Top Stories May 30th Top Stories May 29th Top Stories May 24th Top Stories May 23rd Top Stories May 21st Top Stories May 17th