Saudis Report Biden Sought Secret Deal to Suppress Oil Prices Until After Midterm Elections

by Chris Menahan, Information Liberation:

The Saudi Kingdom on Wednesday issued a “bombshell” statement bolstering reports that the Biden regime tried to make a secret deal with OPEC+ to buy 200 million barrels of oil at $80 a barrel in exchange for not cutting production until after the midterm elections.

The shady deal would have effectively amounted to a $16 billion bribe with US taxpayer money to keep oil prices down for one month to help Democrats win in November.

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Incredible. Saudi Arabia just threw @JoeBiden under the bus. The Saudis expose that Biden wanted them to delay a decision about limiting oil production until after the midterms because Biden didn’t want new fuel price hikes until after the election. Very corrupt and impeachable. pic.twitter.com/fcfkwSWoO7

— Kim Dotcom (@KimDotcom) October 13, 2022

From The Daily Mail, “Saudis release bombshell statement saying Biden DID try and delay oil production cut until AFTER the midterms in desperate bid to avoid gas prices spiking – as White House hits back and claims Kingdom knew OPEC deal would benefit Putin”:

A bombshell statement from Saudi Arabia states the Biden administration reached out and pleaded with them to delay the OPEC deal to cut oil production until after the midterms.

Saudi Foreign Minister Prince Faisal bin Farhan Al Saud said Thursday morning that US officials ‘suggested’ postponing the decision to reduce output by two million barrels a day by a month until after November 8, when millions of Americans will cast their ballots.

The Kingdom also brushed off suggestions it sided with Russia by insisting it took a ‘principled position’ on the Ukraine war and said the OPEC decision was entirely based on economics, not politics.

The White House responded furiously hours after the statement, claiming Saudi Arabia is ‘trying to spin or reflect’ and reiterated that Biden will ‘re-evaluate’ the relationship with the longstanding allies.

I’ve embedded their full statement below.

This is the key paragraph: “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.” [Emphasis added]

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