Not all Democrats are taking the snub lightly and threatening to pull US protection from the Middle East due to the oil cut. The Biden administration panicked when Saudi Arabia, the United Arab Emirates (UAE), and Russia, all members of OPEC+, voted to reduce oil production.
Oil Cut a Blow to the US Administration
When President Joe Biden won the 2020 elections and took office in January 2021, that resulted in a poorly managed energy policy. Reduced production of 2 million barrels had sent the US economy into a death spiral, reported The Epoch Times.
High energy costs have allowed Republicans to target the president for being the cause of the downfall of a formerly robust domestic energy policy.
The former president, Donald Trump's energy policies, which contributed to America's drive to achieve energy security for the first time in decades, underwent significant adjustments under the current leader, not all good, noted American Energy Alliance.
As evidenced by his promise to abandon the use of fossil fuels and immediately halt the construction of the Keystone XL pipeline, Biden is directly to blame for the global energy crisis. Even stop natural gas and oil companies' oil exploration on federal lands.
Washington is currently attempting to create a narrative that OPEC+ and the invasion of Ukraine are the real culprits, not the administration's egregiously flawed energy and climate policies.
OPEC+ Imposes Oil Production Cut
OPEC+, on the morning of October 5, gave the chilling statement of cutting production by two million barrels a day, which dealt a sharp blow to the administration, already in hot water with US consumers, citing CNBC.
In the final analysis, US protection is not a concern for the Middle East; and an oil cut was chosen.
OPEC+ stated their decision on the matter of why they drove production down. One reason is the instability of the global economy and how it impacts the oil market, one of the biggest cuts that have been made since the COVID-19 outbreak.
Presently, the world market generates about 100 million barrels of oil daily, indicating that such an OPEC judgment represents about a two-percent cut in world production, according to Dan Kish, a senior fellow affiliated with the Institute for Energy Research, a non-profit organization that leans rights.
Unsurprisingly, the president immediately voiced his displeasure over the monumental OPEC+ snub, referring to it negatively as a "cartel" and claiming that the drastic reduction in production was unwise.
The US administration is deflecting from playing a role in using a flimsy connection to Ukraine to divert attention away from the role that sanctions have played in the rise of an energy-deprived Europe.
A concerned Senator Joe Manchin, a Democrat, who is for fossil fuels, said it's time for the administration to reverse its energy policies and increase its production. It's the deepest cut for the Democratic party reeling from backlash in many sectors that threaten a culling in the November midterms, courtesy of the White House.
It saw the OPEC+ ruling as one of the nails that would bury the Dems as Americans cannot take more of a bad economy and rising prices.
Even if the Democrats withdraw US protection in the Middle East because Saudi and UAE pushed the oil cut, showing that Washington does not matter anymore.
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