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President Joe Biden prepares to board Air Force One at Israel’s Ben Gurion Airport, on July 15, 2022. (Abir Sultar/AFP/Getty Images) American oil producers have urged President Joe Biden to focus his attention on ramping up domestic production in the wake of his failure to persuade Saudi Arabia to pump more crude.
Biden met with Saudi officials on a recent trip to the Middle East, where he did not manage to secure a pledge to ramp up oil production, something his administration has been pushing for in a bid to cool soaring gasoline prices.
The American Petroleum Institute (API), a fossil fuel industry group, said in a statement Monday that rather than pleading with foreign suppliers, Biden should instead focus his attention on U.S. oil and gas producers.
“That’s where America’s energy security will come from—not from begging others around the world to supply it,” API said. President Joe Biden gives a thumbs up before boarding Air Force One to depart Israel’s Ben Gurion Airport on July 15, 2022. (Abir Sultan/AFP/Getty Images) ‘Start Loosening the Taps Here’
Despite returning from his Middle Eastern trip without a firm pledge from the Saudis, Biden has hinted more oil would flow from the region.
National security adviser Jake Sullivan downplayed the lack of a Saudi commitment to pump more crude, saying production boosts would come via OPEC+.
“I don’t think you should expect a particular announcement here bilaterally because we believe any further action taken to ensure that there is sufficient energy to protect the health of the global economy, it will be done in the context of OPEC+,” Sullivan said last week.
Mike Sommers, president and CEO of API, said in a statement following Biden’s trip that “unfortunately” the president was unable to secure any more oil from Saudi Arabia and he should instead talk to oil […]
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