OPEC+ delayed its two million barrels per day oil cut announcement for a month following lobbying by the Biden administration, according to the Saudi Arabian government.
According to the Western Journal, the decision was announced on Oct. 5, so delaying a month would have put the news right before midterm elections next month.
In a statement Wednesday evening, Saudi Arabia’s Foreign Ministry said OPEC+’s production cut was not politically motivated.
The cartel decided not to delay the announcement due to the “negative economic consequences” that would have resulted.
In its statement, the ministry confirmed a Wall Street Journal report that said the Biden administration planned to delay the announcement until just before midterm elections.
Biden, rather than rescinding his executive order severely restricting domestic oil permits to relieve the fuel crisis, is threatening the Kingdom with arms sales withhold and imposing “consequences” if it does not comply with his production requirements. A furious Biden has promised “consequences,” and administration officials have accused the country of siding with Russia.
In order to help Democrats in November, Biden is making the move for political reasons, which many have observed sounds like a quid pro quo.
As noted by Townhall, this is the same type of quid pro quo Democrats impeached President Donald Trump for when he temporarily withheld lethal aid to Ukraine in 2019 while asking for an investigation into Hunter Biden’s corruption.
