The Biden regime cynically pressured Saudi Arabia to delay cuts in oil production for another month until after the midterm election, the Kingdom's Ministry of Foreign Affairs confirmed in a statement Wednesday night.
The OPEC+ alliance announced a 2 million barrels a day cut in oil production a week ago, which could drive oil and gas prices up and the Democrats' electoral fortunes down in the crucial days before the election.
"The Government of the Kingdom clarified through its continuous consultation with the US Administration that all economic analyses indicate that postponing the OPEC+ decision for a month, according to what has been suggested, would have had negative economic consequences," the statement said. The ministry went on to note that the Saudi government prefers to negotiate in a "non-politicized" environment.
"The Kingdom stresses that while it strives to preserve the strength of its relations with all friendly countries, it affirms its rejection of any dictates, actions, or efforts to distort its noble objectives to protect the global economy from oil market volatility. Resolving economic challenges requires the establishment of a non-politicized constructive dialogue, and to wisely and rationally consider what serves the interests of all countries."
A statement from the Ministry of Foreign Affairs regarding the statements issued about the Kingdom following the OPEC+ decision. pic.twitter.com/Bo7JVPDzFo
— Foreign Ministry 🇸🇦 (@KSAmofaEN) October 12, 2022
The statement comes a day after Biden threatened Saudi Arabia on CNN, telling anchor Jake Tapper that the Kingdom will face "consequences" if it moves to cut oil production.
"There's going to be some consequences for what they've done, with Russia," Biden said. "I'm not going to get into what I'd consider and what I have in mind. But there will be - there will be consequences."
The bad blood between Biden and the kingdom go back to the 2020 presidential election, when the then-Democrat candidate vowed to treat the kingdom as a "pariah" state because of its alleged involvement in Saudi journalist Jamal Khashoggi's assassination in Istanbul, Turkey in 2018.
During a presidential debate in 2019, Biden declared there was "very little social redeeming value in the present government in Saudi Arabia." Since taking office, he has publicly scolded Saudi Arabia over the war in Yemen and cut off the flow of weapons Riyadh could have used to target Houthis," the Wall Street Journal reported in March.
Biden further alienated the Saudis by reversing the Trump administration's decision to put the Houthis on America's official list of global terrorist groups, which Saudi leaders say "emboldened the Yemeni force and thwarted efforts to broker a cease-fire," according to the WSJ.
It was no surprise then, that when Biden desperately sought oil deals with Saudi Arabia and the United Arab Emirates last spring, he was given the cold shoulder, and when he pleaded with OPEC to increase its output to lower the price of energy before the midterm elections, it did just the opposite.
Here is the Saudi statement in full:
An official at the Foreign Ministry in the Kingdom of Saudi Arabia stated that the government of the Kingdom of Saudi Arabia has viewed the statements issued about the Kingdom following the OPEC+ decision announced on October 5, 2022, which have described the decision as the Kingdom taking sides in international conflicts and that it was politically motived against the United States of America.
The Government of the Kingdom of Saudi Arabia would first like to express its total rejection of these statements that are not based on facts, and which are based on portraying the OPEC+ decision out of its purely economic context. This decision was taken unanimously by all member states of the OPEC+ group.
The Kingdom affirms that the outcomes of the OPEC+ meetings are adopted through consensus among member states, and that they are not based on the unilateral decision by a single country.
These outcomes are based purely on economic considerations that take into account maintaining balance of supply and demand in the oil markets, as well as aim to limit volatility that does not serve the interests of consumers and producers, as has been always the case within OPEC +.
The OPEC+ group makes its decisions independently in accordance with established independent practices followed by the international organizations. The Government of the Kingdom of Saudi Arabia would also like to clarify that based on its belief in the importance of dialogue and exchange of views with its allies and partners outside the OPEC + group regarding the situation in the oil markets, the Government of the Kingdom clarified through its continuous consultation with the US Administration that all economic analyses indicate that postponing the OPEC+ decision for a month, according to what has been suggested, would have had negative economic consequences.
The Government of the Kingdom of Saudi Arabia affirms that any attempts to distort the facts about the Kingdom's position regarding the crisis in Ukraine are unfortunate, and will not change the Kingdom's principled position, including its vote to support UN resolutions regarding the Russian-Ukrainian crisis, based on the Kingdom's position on the importance for all countries to adhere to the United Nations Charter, principles of international law, and the Kingdom's rejection of any infringement on the sovereignty of countries over their territories.
The Kingdom stresses that while it strives to preserve the strength of its relations with all friendly countries, it affirms its rejection of any dictates, actions, or efforts to distort its noble objectives to protect the global economy from oil market volatility. Resolving economic challenges requires the establishment of a non-politicized constructive dialogue, and to wisely and rationally consider what serves the interests of all countries.
The Kingdom affirms that it view its relationship with the United States of America as a strategic one that serves the common interests of both countries. The Kingdom also stresses the importance of building on the solid pillars upon which the Saudi-US relationship had stood over the past eight decades.
These pillars include mutual respect, enhancing common interests, actively contributing to preserve regional and international peace and security, countering terrorism and extremism, and achieving prosperity for the peoples of the region.
via amgreatness