On Monday, White House senior advisor Jared Bernstein was called out over the administration’s stance on gas prices by a Newsmax reporter and did not know how to answer. On top of that, President Joe Biden arrived in America on Saturday without a firm commitment from Saudi Arabia.
One of the Kingdom’s Minister of State told CNN that they will not confirm increasing oil and will leave the decision up to OPEC+ when they meet on August 3rd. When confronted over the trip, Bernstein got a little testy and did not have a good answer.
Reporter James Rosen asked him about Biden’s claims and telling him he can’t have it “both ways.”
“Aren’t you having it both ways, Jared? Because when the gas prices go up, it’s got nothing to do with the president. When we see some decline, you want him to get the credit,” Newsmax reporter James Rosen said.
“Uh, uh, uh look, I think that there’s no both way thinking here at all,” Bernstein said frantically.
Rosen pushed back saying, “Earlier it was Putin’s fault. When they’re coming down, [Biden] gets the credit.”
“Yeah, I very much disagree with that framing, I think what’s happening here is a president who is working tirelessly to address” this for families, Bernstein said while looking at his notes.
Right now, Saudi Arabia is beginning to produce 11 million barrels of oil a day and is a high number they rarely produce at. Going to 13 million barrels a day would set a record for them. According to Goldman Sachs, the oil market is “screaming that it’s very, very tight.”
Saudi climate envoy Adel al-Jubeir was confronted with Biden’s statements by CNBC’s Hadley Gamble over Biden calling the country a “pariah” in 2020. He said Saudi Arabia’s policy is to engage with different countries, including U.S. and China, the kingdom’s two biggest partners. “We build bridges with people, we don’t see one as exclusive of the other.”
Biden came home empty handed and in response the price of oil rose on Monday.
Biden was not effective at doing anything during his middle-east trip and he is returning home to more shame. That’s why his poll numbers have dropped further. There’s a reason why Democrats are beginning to discuss who they want to take his job. How would you rate Biden’s Saudi Trip with a grade from F minus to A plus?