Biden Begs Saudi Arabia for Oil

Guest Post by Martin Armstrong

Biden’s trip to Saudi Arabia did not go as planned. Saudi Arabia will temporarily increase oil production in July and August in exchange for a slew of removed restrictions. Civilian aircrafts from Israel will be permitted to fly over Saudi Arabia. Peacekeepers will be removed from Tiran Island, where US soldiers have been stationed since the late 1970s. Five Americans were killed in a helicopter crash over this region in 2020, but intel swears it had nothing to do with terrorism. Tiran Island will now be redeveloped into a tourist destination, although I am unsure how eager the general public will be to visit.

Per usual, Biden pledged to give a foreign nation tons of money to develop their infrastructure while leaving America in the dust. This will be done through support for the US Partnership for Global Infrastructure and Investment (PGII), which was announced at the last G7 summit. The US will also help Saudi Arabia deploy 5G technology and expand internet access.

Humorously, Biden welcomed the Partnership Framework for Advancing Clean Energy to help Saudi Arabia “transition and combat the effects of climate change.” Oil is the Saudi’s bread and butter, and building green energy infrastructure is likely not a promise that will be kept.

Both the left and right are angry with the president for grappling at the feet of Crown Prince Mohammed bin Salman. Bernie Sanders slammed Biden for visiting Saudi Arabia. “If this country believes in anything, we believe in human rights, we believe in democracy, and I just don’t believe that we should be maintaining a warm relationship with a dictatorship like that,” Sanders said. Biden maintained that he spoke to the crown prince about the death of Khashoggi at the top of the meeting, but the crown prince maintained innocence and said to tread lightly when interfering in alleged human rights abuses.

Faisal bin Farhan Al-Saud, Minister of Foreign Affairs of Saudi Arabia, explained it well. “The Crown Prince pointed out to President Biden that we the kingdom, the respect for human rights is a core value for the Kingdom of Saudi Arabia based on our Islamic beliefs and our Arab heritage. And that it’s absolutely important that values be spread through dialogue. Trying to impose your values on others is not going to be effective. It will get you a negative reaction. … The right way to try and put your values forward is to show the world that you adhere first of all to those values, that you are respecting your own values.”

Basically, Saudi Arabia is going to continue operating as it sees fit and has the leverage to negotiate lucrative deals since the US is unwilling to drill. “In the end you cannot impose your values by force. … The Crown Prince was quite clear with President Biden, and we have our own values and those are not going to align 100% with US values ever because we are very, very proud of our own traditions, our own values, our own faith,” bin Farhan said.

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11 Comments
Putin it where it counts
Putin it where it counts
July 19, 2022 8:03 am

They’ve seen the writing on the wall. They’re investing in green energy.

Anonymous
Anonymous
  Putin it where it counts
July 19, 2022 9:51 am

Surely you jest….

Ana
Ana
  Anonymous
July 19, 2022 5:07 pm

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Putin it where it counts
Putin it where it counts
  Anonymous
July 19, 2022 5:12 pm

Tried posting an answer but got censored by snowflakes. Look up “Saudi green energy”

Note from Nevada
Note from Nevada
July 19, 2022 8:10 am

Restrict USA oil production, sell oil from SPR (strategic oil reserve)
Go to Saudi Arabia to ask for increase in production……
Insanity……….makes more sense to import oil? Oil from Mid-east increase transportation costs…
WTF is going on?

Crawfisher
Crawfisher
  Note from Nevada
July 19, 2022 8:32 am

Continue to repeat this, ‘Socialists are doing this on purpose’.
IMHO RINOs go along so once in a while they get another war. Lindsey and the Dems are getting an erection over Ukraine. It’s a fair trade, surrender the country, get continuous war.
Ol’ 1984 George was on the money.

Glock-N-Load
Glock-N-Load
July 19, 2022 9:19 am

The last country holding oil wins total control of the world, no?

B_MC
B_MC
July 19, 2022 9:55 am

But somehow exports are up….

The World Can’t Get Enough Of US Diesel As Exports Surge

The US is exporting diesel at the fastest ever rate as the global market’s thirst for fuel remains insatiable.

As much as 1.39 million barrels a day of diesel has left the US Gulf Coast so far this month, around 10% higher than the previous daily record for month set in July, 2017, according to oil analytics firm Vortexa, which began trading the data in 2016. Adding gasoline, fuel exports out of the Gulf Coast topped 2 million barrels a day in the first half of July, also a record.

Strong exports highlight just how much the world is still relying on the US for the fuel that powers the global economies, farming and industries. Gasoline is the top transportation fuel in the US but not the rest of the world and the effort to secure diesel is intensifying as demand continues to outstrip supply.

The bulk of US diesel exports are headed to Mexico, Brazil, Chile and Argentina.

The World Can’t Get Enough Of US Diesel As Exports Surge

Stucky
Stucky
  B_MC
July 19, 2022 11:15 am

“The bulk of US diesel exports are headed to Mexico, Brazil, Chile and Argentina.”

Naturally. Gotta keep those Big Rigs rolling ….. the ones stuffed with illegals.

Daddy Joe
Daddy Joe
July 19, 2022 5:30 pm

He should have just begged for his ice cream and left. He truly is one who proves his stupidity every time his mouth moves.

Aunt Acid
Aunt Acid
July 19, 2022 8:45 pm

Should have sent Camela for some hob-nobbing. Wink wink.

The war in Yemen is just getting started, sports fans, while the preznit just can’t help looking helpless.