Slash..

 

OPEC+'s decision to slash oil production has set off fury in Washington directed at the Saudi Arabia-led group, raising calls for a hard-hitting US response.

Within minutes of the OPEC+ announcement, the White House warned it will "consult with Congress on additional tools and authorities" designed to curb OPEC's "control" over energy prices.

That vague statement appears to be a thinly veiled warning that President Joe Biden could consider a dramatic and risky step: Throwing his weight behind NOPEC legislation.

The action of this White House caused the oil prices to skyrocketed in 2021. Cancelled pipelines, keystone XL, Nord Stream 2, sanctions on Russia, Iran, Venezuela, etc. That would do it to the American people. Now the Intrest rate is going up to tame inflation, reduce economical activities in USA and Europe, however OPIC Plus wants their income to be steady since they struggled with low prices during Covid Epidemic.  Just a thought.