OPEC+ is teaching the U.S. a lesson it refuses to learn
- Date: 08-Oct-2022
- Source: MSNBC
- Sector:Oil & Gas
- Country:Saudi Arabia
OPEC+ is teaching the U.S. a lesson it refuses to learn
The OPEC+ alliance announced Wednesday that it would scale down oil production significantly next month, meaning gas prices could start to spike in the near future unless the United States finds another oil market to meet the nation's supply demands.
And as U.S. officials scramble to do that, they’re teeing off on the alliance of top oil-exporting countries, which includes Saudi Arabia and Russia.
This joint statement from top security and economic officials in the White House says it all:
Select Sector 
Select Country 
