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Biden’s Begging Fails

by Market FinancePosted onAugust 3, 2022August 3, 2022

Biden just can’t win.

OPEC has just dealt a major blow to President Biden after they refused to significantly increase their oil production after he begged them to do so.

According to Breitbart, OPEC decided to only increase their oil production by a slight amount but no where near as much as Biden initially asked for. This slight increase in oil production will have a very little impact on oil prices.

The Organization of Petroleum Exporting Countries more commonly known as OPEC will now only increase their oil production by 100,000 barrels per day starting September. This increase will equal out to only just 86 seconds worth of oil use when looking at the global demand.

The very small increase of oil production is being referred to as “an insult to U.S. President Joe Biden.” Biden recently traveled to Saudi Arabia to beg foreign leaders to please increase their oil output but they did not comply.

In 2019 Biden slammed Saudi Arabians by saying that he was “going to, in fact, make them pay the price, and make them in fact the pariah that they are.” Biden went on to say that there was “very little social redeeming value in the present government in Saudi Arabia.”

President Biden has proven very clearly to the American people that he is a poor negotiator and is continuing to fail.

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Published by Market Finance

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