Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

TomCADem

(17,834 posts)
20. Special Report: Trump told Saudi: Cut oil supply or lose U.S. military support - sources
Wed Oct 5, 2022, 09:30 PM
Oct 2022

People seem to ignore how Republicans and right wing media have been cheerleading for Russia and pushing for cuts in production even before the war. The timing of the current cut was designed to impact the 2022 midterms in an effort to aid Republicans who will push to roll back climate initiatives and support for Ukraine.

https://www.reuters.com/article/us-global-oil-trump-saudi-specialreport-idUSKBN22C1V4

In an April 2 phone call, Trump told Saudi Crown Prince Mohammed bin Salman that unless the Organization of the Petroleum Exporting Countries (OPEC) started cutting oil production, he would be powerless to stop lawmakers from passing legislation to withdraw U.S. troops from the kingdom, four sources familiar with the matter told Reuters.

The threat to upend a 75-year strategic alliance, which has not been previously reported, was central to the U.S. pressure campaign that led to a landmark global deal to slash oil supply as demand collapsed in the coronavirus pandemic - scoring a diplomatic victory for the White House.

Trump delivered the message to the crown prince 10 days before the announcement of production cuts. The kingdom’s de facto leader was so taken aback by the threat that he ordered his aides out of the room so he could continue the discussion in private, according to a U.S. source who was briefed on the discussion by senior administration officials.

The effort illustrated Trump’s strong desire to protect the U.S. oil industry from a historic price meltdown as governments shut down economies worldwide to fight the virus. It also reflected a telling reversal of Trump’s longstanding criticism of the oil cartel, which he has blasted for raising energy costs for Americans with supply cuts that usually lead to higher gasoline prices. Now, Trump was asking OPEC to slash output.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Of course! Help elect republicans, hurt all of the EU. PortTack Oct 2022 #1
The Question is Whether US Petroleum Industry Encouraged Move... TomCADem Oct 2022 #19
If he weren't such a class act Rural_Progressive Oct 2022 #2
Now world, see what Oil Companies owned by countries can do ..... Lovie777 Oct 2022 #3
??? This is news? FBaggins Oct 2022 #4
Time to make what they have useless Fullduplexxx Oct 2022 #5
I'm glad I bought a hybrid... regnaD kciN Oct 2022 #17
This message was self-deleted by its author Fullduplexxx Oct 2022 #6
The US has been very foolish to let Saudi/Russia/China have so much leverage. Irish_Dem Oct 2022 #7
Special Report: Trump told Saudi: Cut oil supply or lose U.S. military support - sources TomCADem Oct 2022 #20
We simply MUST pressure US companies to raise their production. Whatever it takes oldsoftie Oct 2022 #8
A lot of US oil is simply exported because it is the wrong kind of oil for US refineries. Lonestarblue Oct 2022 #9
I know WE can't use all we can produce, but other countries can. oldsoftie Oct 2022 #12
I've also read we are a net exporter of refined products. LT Barclay Oct 2022 #15
Including fracking? former9thward Oct 2022 #11
If thats what it takes yes. Fracking would be much faster than drilling. oldsoftie Oct 2022 #13
First I'd like to know the status of the existing wells. If I remember correctly (which happens LT Barclay Oct 2022 #16
I would like to know too. I do know when 1 is shut down it takes awhile to restart. oldsoftie Oct 2022 #18
We just suffered a summer of catastrophic climate change effects NickB79 Oct 2022 #24
Cut off all aid, weapons sales, and shutter our bases. Scalded Nun Oct 2022 #10
I'm glad the Biden administration StormKing Oct 2022 #14
White House Press Secretary tweet Slammer Oct 2022 #21
The Fact That OPEC is announcing a cut in production shortly before the election... TomCADem Oct 2022 #22
Where would OPEC get such an idea? Kid Berwyn Oct 2022 #23
Latest Discussions»Latest Breaking News»White House accuses Opec+...»Reply #20