Linkedin Share
Wire

French President Gives Biden Painful News About His Oil Strategy as Cameras Are Rolling

Linkedin Share

French President Emmanuel Macron appeared to dash President Joe Biden’s hope that he can sweet talk Arab nations into increasing their oil output.

Macron spoke to Biden June 27 at the G7 summit in an informal interaction that was widely shared on video, according to Newsweek.

Biden is seeking an increase in oil production to address the gas price hikes that have become a political albatross around Biden’s neck.

“Excuse me, sorry to interrupt,” Macron said.

“I had a call with MbZ,” Macron said, which has been widely interpreted to mean United Arab Emirates leader Sheikh Mohammed bin Zayed al-Nahyan, according to the Daily Mail.

Trending:
Massive Migrant Caravan Marches Toward US with LGBT Flags Flying as Mexican President Snubs Biden at Summit

“He told me two things,” Macron said. “One, I’m at a maximum, maximum … This is what he claims.”

Will gas prices get even higher with Joe Biden in the White House?

“Second, the Saudis can increase a little bit, by 150 [thousands barrels per day] or a little bit more, but they don’t have huge capacities at least before six months’ time,” he said, according to Newsweek.

Although Macron might have had more to say, Jake Sullivan, Biden’s national security adviser, tried to interrupt the conversation, according to the New York Post,

“Careful. Maybe we should just step inside … because of the cameras,” Sullivan said.

The UAE issued a statement about its ability to produce more oil.

Related:
DOJ Ordered by Judge to End the Silence on Mar-a-Lago Raid

“In light of recent media reports, I would like to clarify that the UAE is producing near to our maximum production capacity based on its current OPEC+ production baseline (3,168 mbopd [thousand barrels of oil per day]) which UAE is committed by until the end of the agreement,” UAE Energy Minister Suhail Al Mazrouei told state news agency WAM, according to Newsweek.

When not blaming Russian leader Vladimir Putin for soaring gas prices, Biden has blamed oil companies for amassing record profits when they should be lowering gas prices, according to the Associated Press.

Michael Wirth, chairman and CEO of Chevron, responded by saying Biden has made the situation worse.

“[Y]our Administration has largely sought to criticize, and at times vilify, our industry. These actions are not beneficial to meeting the challenges we face and are not what the American people deserve,” he wrote in a letter to Biden on June 21.

“Let’s work together. The American people rightly expect our country’s leaders and industry to address the challenges they are facing in a serious and resolute manner.”

This article appeared originally on The Western Journal.

Submit a Correction →



Linkedin Share

Conversation