Russian President Vladimir Putin / Photo by The Presidential Press and Information Office

Via True Daily:

A top Russian official said Wednesday that Russian and Middle Eastern energy producers will continue to disregard the Biden administration’s pleas for boosted output.

Deputy Prime Minister Alexander Novak explained that the Organization of the Petroleum Exporting Countries and Russia, collectively known as OPEC+, have chosen to stick to previous plans to ensure market stability, Reuters reported. While the U.S. has urged the group of nations to deviate from those plans and produce more crude oil and natural gas several times over the last several months, the calls have largely been ignored.

“We believe that it would be right for the market to show in the mid-term how we will increase production as demand grows,” Novak said in an interview Wednesday, according to Reuters. “The producing companies should understand beforehand which investments they have to plan in order to ensure a production increase.”

Oil and natural gas prices have surged in the U.S. and Europe as OPEC+ has remained steadfast in its steady output plan. The increasing costs has contributed to higher gasoline prices at pumps worldwide and an energy crisis in Europe and Asia.

Read more at The Daily Caller 

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Mary Geiger
6 months ago

Maybe the dumb fool Biden should have left our energy policies alone. Will he now have to get on his hands and knees and beg OPEC? How about we get back to being energy independent again? He screwed it up so he can unscrew it now.

Gary Fernett
Gary Fernett
6 months ago

We could be energy independent if Biden would undo those unconstitutional execusive m anidates he put in place without thinking about how we was going to come out of this pandemic.

6 months ago

It seems Biden is Putin’s b#@#&. Biden has done Russia and China’s bidding all along while Hunter profits from deals with China. We had energy independence and Biden screwed American citizens over deliberately.

6 months ago

Brandon has destroyed US energy independence that DJT so wisely created. He has played us right into the hands of our enemies and nations whose leaders who despise us and wish to exploit us. Alas for the USA!