DThe US government has called the Opec+ oil alliance’s decision to cut oil production “short-sighted” and a “mistake”. President Joe Biden was disappointed, said Biden’s national security adviser Jake Sullivan and the director of the National Economic Council in the White House, Brian Deese. At a time when maintaining global energy supplies is of paramount importance, this decision will have a particularly negative impact on low- and middle-income countries.
White House spokeswoman Karine Jean-Pierre called the oil production cut “misguided” and a “mistake”. The oil alliance made a decision that only served their own interests. “It is clear that with today’s announcement, OPEC+ is allied with Russia,” said Jean-Pierre.
In view of the planned supply shortage, Biden also wants to consult with Congress on additional tools and powers to reduce OPEC’s control over energy prices, it said. Most recently, gasoline prices in the US had fallen again somewhat.
For Biden’s Democrats, that was especially important just before the congressional elections in November. The high inflation in the country has particularly affected the party of the US President in surveys.