Fox News Peter Doocy checkmated White House spokesperson Karine Jean-Pierre today over high gas prices as our so-called allies Saudi Arabia are moving to cut OPEC production to raise oil prices defying President Joe Biden.
Doocy had a simple question for Karine, one that she could not answer. Doocy: “Consumers in California are paying $6.41 per gallon, Nevada $5.51. Who can afford that?”
Jean-Pierre: “That’s why Biden worked so hard to bring gas prices down. I know you’re pulling out a couple of areas — but we have seen the fastest decline in gas prices in a decade”
Doocy: “You’ve said the president was responsible for gas prices coming down. Is he responsible for gas prices going up?”
Jean-Pierre: “So, it’s a lot more nuanced than that.”
Doocy: When the President went to Saudi Arabia he said, “I’m doing all I can to increase the supply for the United States, which I expect to happen.” What happened?
Jean-Pierre: His trip to the Middle East was not about oil…Gas prices came down this summer
US Rep. Ro Khanna told CNN the White House needs to retaliate against Saudi Arabia if OPEC slashed oil production.
“This is beyond the pale.
“They are actively fleecing the American people and destabilizing the economy. That’s just outrageous. Who do they think they are?
“It’s outrageous. The Saudis need to be dealt with harshly.
“They are a third-rate power. We are the most powerful country in the world.
“I don’t know why we kowtow to them.
“They are not our allies.
“They are hurting the American people. And we need to be tough with them.
“The president needs to make it clear we will cut off their supply.
“We could ground their air force in a day,” he said.
According to The Financial Times:
Saudi Arabia is seeking to raise oil prices at a crucial meeting in Vienna in a move set to anger the US and help Russia.
Riyadh, Moscow and other producers are set to announce deep cuts at a meeting of the Opec+ cartel on Wednesday, according to people with knowledge of the discussions.
The size of the cut is still to be agreed but Saudi Arabia and Russia are pushing for reductions of 1mn-2mn barrels a day or more, although these could be phased in over several months.
The move would probably trigger US countermeasures, including the additional release of oil from the country’s Strategic Petroleum Reserve, analysts said.
“This is not the Saudi Arabia of old and the US has maybe been a little slow or unwilling to acknowledge that in energy matters,” said Raad Alkadiri, an analyst at Eurasia Group.