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Thursday, October 20, 2022

America’s Suicidal Energy Policy Has Very Real Costs

Last week, Saudi Arabia announced, in conjunction with OPEC+, that it would be cutting oil production in the face of dropping prices. That decision came in spite of the Biden White House's lobbying in favor of increased production, which included a sycophantic visit by President Joe Biden to Saudi Crown Prince Mohammed bin Salman. In response to the Saudi announcement, the White House quickly announced that the United States would be reevaluating its relationship with the Kingdom.