Article

2023-06-05 International-UN-NGOs

Saudi Arabia to sharply slash oil output in bid to pump up prices

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Posted by trailing wife 2023-06-05 00:00|| || Front Page|| [7 views ] Top
File under: Govt of Saudi Arabia

#1 Thank you Biden and the greenies for cancelling U.S. development of oil and pipelines. I am sure SA will put up a statue for you in the near future.

Posted by Jise Elmeang4932 2023-06-05 05:43|| 2023-06-05 05:43|| Front Page Top

#2 US production has been above 12 Million bar per day since Aug 2022. Good chance to reach 13 Million by the end of the year barring a strong recession.

Production briefly touched 13 Million in late 2019 before the pandemic.

Probably without the various Biden admin measures restricting leases, delaying pipelines and terminal improvements and threatening finances, we would be near 14 Million now.

And the Biden Admin has also done its part to discourage Israel's progress in developing its East Mediterranean fields.

Posted by lord garth 2023-06-05 20:36|| 2023-06-05 20:36|| Front Page Top

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