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U.S. lawmakers to probe Biden’s ‘secret’ Saudi oil deal – Reuters

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A leading Republican says the House will investigate the president’s alleged attempt to lower fuel prices in Riyadh ahead of midterm votes

The top Republican on the U.S. House Oversight and Reform Committee has announced an investigation into whether President Joe Biden struck a secret deal with Saudi Arabia to help Democrats in the mid-elections. November mandate by lowering oil prices.

“If his administration engages in disguised market manipulation with opposing nations while jeopardizing our national security in an effort to secure more favorable electoral conditions for Democrats, the American people have a right to know,” Representative James Comer said in a letter to US Secretary of State Antony Blinken on Sunday. Comer, a Republican from Kentucky, accused Biden of seeking increased foreign oil supply “for political purposes” while adopting policies that cripple American production.

The congressman cited a New York Times report from October that detailed Biden’s efforts to persuade the Saudis to lead OPEC in accelerating and expanding oil production increases. Biden announced his controversial visit to Saudi Arabia in June, breaking his campaign promise to avoid the desert kingdom, the same day OPEC signaled an accelerated production increase, in accordance with the first part of the agreement. American-Saudi.


However, rather than follow through on further production increases in October, Saudi Arabia led the oil cartel in announcing production cuts, which the Biden administration viewed as a “treason” leading to the midpoints. With consumer prices rising at the fastest rate in 40 years and U.S. gasoline and diesel prices hit all-time highs set in June, inflation was a key issue in the approaching mid-term.

It turned out that the Republicans won the majority of seats in the House, which means that they will be able to control the legislative agenda, including the questions that are under investigation, when the new Congress will meet next month. Comer will likely lead the House Oversight and Reform Committee. He pledged to investigate various aspects of Biden’s energy policies, including releases from the U.S. Strategic Petroleum Reserve and measures that have reduced domestic oil production.

“With one-party Democratic rule in Washington, they militarized their unchecked power, waged war on American-made energy production, and imposed Green New Deal policies on the American people,” Comer said. He added, “With the power of the hammer, we will hold the Biden administration accountable for recklessly attacking a critical industry that provides the American people with affordable energy and well-paying job opportunities.”

READ MORE:
Why US-Saudi relations are souring

White House national security spokesman John Kirby admitted the administration asked Saudi Arabia in October to delay cutting production by a month, which would push it back beyond elections. Biden responded to OPEC’s decision by accusing Saudi Arabia of siding with Russia in the Ukraine dispute and warned of retaliation, saying: “There will be consequences.”

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RT

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