Biden insists his trip to Saudi Arabia tomorrow is about everything from bolstering security in the region to reorienting policy with the kingdom - at least that's what they told him he was going there for. You know Joe - too much information can be very dangerous with him. They told him all that and more except the one thing he really needs but can’t get: more oil.
A hard push by the president would probably fail to get Saudi leaders to pump new crude supplies into the world oil market, where soaring prices this year have lifted gasoline prices above $5 a gallon. It’s unclear that Saudi Arabia could even ramp its production quickly enough to have much impact, despite holding some of the world’s largest oil reserves.
Read the rest of this story - unadulterated - here:
...
No comments:
Post a Comment