Biden Effect! HERE WE GO: Saudis to Cut Oil Production by 500,000 Barrels Per Day Until End of 2023

MAGA Macho Man

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Apr 19, 2022
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You think gas prices at the pump were higher before? You haven't seen nothing yet! Thanks, Joe!

Expect higher gas and grocery prices.

Yep, and a dog shit in my yard last week. Damn that Joe Biden, it is his fault. This cut in production has nothing to do with Joe Biden and everything to do with an anticipated worldwide economic slowdown. Truth is old Joe is doing a hell of a job. In October US GDP growth in 2023 was projected at 1%, now it is up to 1.4%, despite the heavy handed FED. If you are looking for a scapegoat then look at China. Covid and a widening real estate crisis has resulted in China having the lowest GDP growth since Ronald Reagan was in office, and the war in Ukraine is only exacerbating those numbers going forward. The same holds true for Europe.


Look at that one year chart. A little less than a year ago we were at almost $120 a barrel, now, we are at $75. Damn, Biden is kicking some damn Arab ass. If you blame him for this cut in production you damn sure have to give him credit for that massive drop in prices, but no, you flippin Trumpbots are too stupid to know what the hell is going on, especially not internationally.

While this cut in production seems to come out of nowhere it should not have been unexpected. OPEC plus's target price of oil is $75 a barrel. They claim that below that they aren't making money, which is total bullshit, but that is their target. Internationally, as I mentioned, China and Europe, their economies are going to continue to decline. But the US is going to stand alone and move forward, the FED be damned. Increased domestic production, yeah, I said INCREASED, will more than offset OPEC's cuts. This summer, I see gas prices falling below three dollars a gallon and 2023 will end with a new record for domestic production. While Trump finds an increasing number of "indictments", Biden will steer the ship toward prosperity and you guys are going to look like fools.
 
Didn’t your Vegetabke Messiah go begging the Saudis, and the Venezuelan dictator for oil, Dumbass.
No, what gives you that idea?

The phaz entertainment media silo you sycophant too.
 
You think gas prices at the pump were higher before? You haven't seen nothing yet! Thanks, Joe!

Expect higher gas and grocery prices.

We should threaten Saudi Arabia with isolation and we should end all deals that we have with them. They have 30 days to drop the cuts and increase production instead.
 
Hybrids are fine. EVs technology is in its infancy.

It's practically fucking stillborn at this point.

If we stopped all generation of energy from fossil fuels tomorrow, the economy and all production would come to a screeching halt.

Which, incidentally, is precisely what agenda 2030 aspires to.
 
Biden needs to punish these sand monkeys if they do this. Biden needs to goddamn use our economic power to make them pay.
 
You think gas prices at the pump were higher before? You haven't seen nothing yet! Thanks, Joe!

Expect higher gas and grocery prices.


The Saudis have always hated the US, they've kept an "alliance" because it was convenient, but now China and Russia are rising, the Saudis are inevitably going to move that way.
And this is to do with US foreign policy in the last 50 years and more. Not the President for the last two years.
 

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