Comments by "" (@charlesvan13) on "Should Saudi Arabia worry? Biden warns of consequences over OPEC+ oil cuts • FRANCE 24 English" video.

  1.  @pa-mchinji2624  There doesn't seem to be much domestic unrest in Saudi Arabia. Military weapons don't protect a regime from its people.
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  2. The US was producing 2 million barrels a day more in 2019 (pre-pandemic). That's why the prices shot up when the travel restrictions etc. ended. This is the result of Biden policies, and he's blaming SA for his own ineptness. But the US government doesn't drill for oil. Oil companies do that.
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  3.  @kevinskiles2033  Prices would drop immediately. Oil prices depend on speculation. When Biden canceled the Keystone pipeline prices went up. This is happening because the Biden administration cut US production.
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  4. Price controls would wreck the US oil industry. Stock would tank and they would cut production.
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  5. They cut production every Fall. Biden is inept at diplomacy. You need to bring a carrot and a stick. Biden only brings a stick, and just wrecks US/Saudi relations.
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