Saudi Arabia Rebuffs Biden’s Pleas to Greatly Increase Oil Production – IOTW Report

Saudi Arabia Rebuffs Biden’s Pleas to Greatly Increase Oil Production

JEDDAH, Saudi Arabia, July 16 (Reuters) – Saudi Arabia’s Crown Prince Mohammed bin Salman said on Saturday more investment was needed in fossil fuel and clean energy technologies to meet global demand, and that unrealistic emission policies would lead to unprecedented levels of inflation.

The prince said Saudi Arabia had announced raising its production capacity to 13 million barrels per day by 2027 from a nameplate capacity of 12 million now and “after that the Kingdom will not have any more capability to increase production”. more

9 Comments on Saudi Arabia Rebuffs Biden’s Pleas to Greatly Increase Oil Production

  1. I dunno how you say it in Farsi, but basically they’re saying:
    Lack of Planning on Your Part Does Not Constitute an Emergency on our Part! Take a hike old man!

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  2. US gov crime syndicate sent this corrupt old bastard over there to remind Mohammedans about the kick back or they turn US spigots back on. Price is no object.

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  3. Saudi can say whatever they want because Biden is too stupid to figure it out anyway. Joe will come back with a counter offer worth double. It’s only our money, what does he care?

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  4. “Saudi Arabia’s Crown Prince Mohammed bin Salman said on Saturday more investment was needed in fossil fuel and clean energy technologies”
    Translation : We need a bigger bribe, Joe.

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  5. bin Salman: Look out the window there Joe and tell me what you see?

    xiden: I don’t see anything but a lot of sand.

    bin Salman: Very observant Joe, now go pound it.

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