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Biden succeeds in getting NO OIL DEAL during Saudi visit

Posted on 7/16/22 at 9:53 am
Posted by WPBTiger
Parts Unknown
Member since Nov 2011
30852 posts
Posted on 7/16/22 at 9:53 am
LINK

quote:

President Joe Biden will conclude his visit to Saudi Arabia without striking a deal to boost oil supplies amid an international energy crunch and rising gas prices at home.
Posted by Strannix
District 11
Member since Dec 2012
48832 posts
Posted on 7/16/22 at 9:54 am to
Muh fist bump
Posted by CamdenTiger
Member since Aug 2009
62362 posts
Posted on 7/16/22 at 9:55 am to
I would just be happy if Saudi just keeps the dollar as the World reserve currency
Posted by navy
Parts Unknown, LA
Member since Sep 2010
29023 posts
Posted on 7/16/22 at 9:56 am to
Posted by Godfather1
What WAS St George, Louisiana
Member since Oct 2006
79605 posts
Posted on 7/16/22 at 9:56 am to
So…what exactly was the purpose of this trip? To demonstrate once again what an absolute failure this POTATUS is?
Posted by Undertow
Member since Sep 2016
7304 posts
Posted on 7/16/22 at 9:58 am to
He can’t even make an oil deal with himself, let alone another nation’s leader.
Posted by DownSouthJukin
Coaching Changes Board
Member since Jan 2014
27172 posts
Posted on 7/16/22 at 9:59 am to
But the Saudis announced they were doubling their purchasing of Russian oil while Biden was in country.

No respect at all whatsoever for Biden or the US.

But no mean tweets.
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
72424 posts
Posted on 7/16/22 at 10:00 am to
good. saudis ain't bailing him out because of his stupid policies here. let this POS crash and burn.
Posted by Diamondawg
Mississippi
Member since Oct 2006
32194 posts
Posted on 7/16/22 at 10:05 am to
Most folks knew before he went that UAE and Saudi were at or near capacity already. How did I know but Potatus didn't?
Posted by billjamin
Houston
Member since Jun 2019
12359 posts
Posted on 7/16/22 at 10:05 am to
The saudis have a valid point that the bottleneck is refining capacity and not oil production.
Posted by Purple Spoon
Hoth
Member since Feb 2005
17759 posts
Posted on 7/16/22 at 10:12 am to
Reuters


They did this right in his face.
Posted by loogaroo
Welsh
Member since Dec 2005
30319 posts
Posted on 7/16/22 at 10:13 am to
Shocker
Posted by OchoDedos
Republic of Texas
Member since Oct 2014
33958 posts
Posted on 7/16/22 at 10:16 am to
Burned a shite load of JP-8 coming and going. AF1, it's backup, plus a Secret Service C5 SAM charter. Only thing Brandon accomplished was increasing his carbon foot print exponentially. For nothing
Posted by ronricks
Member since Mar 2021
6202 posts
Posted on 7/16/22 at 10:17 am to
The Saudi’s told everyone there would be no oil deal weeks in advance. They told Europe a month ago they can’t increase production. This isn’t news to anyone.
Posted by dchog
Pea ridge
Member since Nov 2012
21119 posts
Posted on 7/16/22 at 10:17 am to
No Biden didn't get it done but he did something just as good. He struck a deal getting more exotic flavored ice cream to the states!

You're welcome America!
This post was edited on 7/16/22 at 10:18 am
Posted by BlackPawnMartyr
Houston, TX
Member since Dec 2010
15283 posts
Posted on 7/16/22 at 10:19 am to
Which is my guess the real reason for the trip.
Posted by HubbaBubba
F_uck Joe Biden, TX
Member since Oct 2010
45696 posts
Posted on 7/16/22 at 10:28 am to
quote:

But the Saudis announced they were doubling their purchasing of Russian oil while Biden was in country.
Why would Saudi Arabia, with the largest pool of oil in the world, be purchasing Russian oil?
Posted by OMLandshark
Member since Apr 2009
108098 posts
Posted on 7/16/22 at 10:29 am to
Posted by DownSouthJukin
Coaching Changes Board
Member since Jan 2014
27172 posts
Posted on 7/16/22 at 10:35 am to
quote:

Why would Saudi Arabia, with the largest pool of oil in the world, be purchasing Russian oil?


They’re producing at capacity.

They’re getting it at a discount.

They don’t want it going anywhere else (such as the West) that might bring down oil prices for the largest oil consumers because they want to keep the prices high across the globe. Then they’ll sell it at a profit to the West and anyone else needing it.

To ingratiate themselves with their closer neighbors in Russia, and it’s new/old friend China, the dominant power in Asia.

Because FJB.

Edit: And I believe if you factor in shale oil and offshore, the US has the largest oil reserves in the world. Yet we’re begging others for it.

Also consider that we were a net exporter of oil under Trump, and you’ll realize how far and how fast we’ve fallen in 1.5 years.
This post was edited on 7/16/22 at 10:56 am
Posted by papasmurf1269
Hells Pass
Member since Apr 2005
20883 posts
Posted on 7/16/22 at 10:36 am to
I don’t believe this administration really cares that iil prices are high. They appear to be doing their very best to give away as much money as they can to make prices go up as high as they can in order to achieve the “great reset“
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