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Old 10-13-2022, 09:47 AM   #1
wdmso
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Join Date: Jun 2012
Location: Somerset MA
Posts: 9,129
Saudis October surprise

Seems obvious and it’s shocking how little commentary you Find From Republicans

Special Report: Trump told Saudi: Cut oil supply or lose U.S. military support - sources

US House Republicans tell Saudi crown prince to cut oil supply or risk response
Letter from nearly 50 Representatives indicates economic and military cooperation at risk unless Riyadh acts promptly

But now they are Silent on the matter of cuts. Yep they love what The Saudis did

And Saudis clam the move was just economic


Seeing a $500m investment by a Saudi firm in Russian oil giants Gazprom, Rosneft and Lukoil at the beginning of the Ukraine conflict – or Riyadh’s decision in the summer to double purchases of Russian oil for its power plants to free up more of its own crude to export.





ELECTION INTERFERENCE”: OIL PRICE HIKE IS SAUDI ARABIA’S OCTOBER SURPRISE AGAINST BIDEN
“The Saudis are working to get Trump re-elected and for the MAGA Republicans to win the midterms.”
Ken Klippenstein
October 11 2022, 1:07 p.m.
A nozzle pumps gasoline into a vehicle at a gas station in Los Angeles on Oct. 5, 2022. Photo: Frederic J. Brown/AFP via Getty Images
WHEN, JUST ONE month before midterm elections, Saudi Arabia announced it would be slashing oil production by 2 million barrels a day, White House officials called it a “hostile act” and said the administration was “re-evaluating” the Saudi relationship. It was the kind of bellicose language officialdom virtually never uses to describe the oil-rich monarchy, whose vast wealth has bought it enormous influence in Washington.

Congressional Democrats facing reelection amid soaring gas prices were similarly incensed. Usually, Capitol Hill will trot out bloodless language of “deep concern” in response to the kingdom’s myriad human rights abuses, but this time congressional Democrats struck back, vowing to block weapons sales and even taking the unprecedented step of introducing legislation to withdraw U.S. troops from Saudi Arabia and the United Arab Emirates. The bill’s sponsors linked their efforts to the war in Ukraine, pointing out how keeping oil prices high results in a windfall of profit to bankroll Russian President Vladimir Putin’s bloody invasion.

“There’s no doubt that the Saudi-led OPEC oil production cuts are a strategic effort to hurt Americans at the pump.”
Yet experts pointed to the price hikes as more than a geopolitical move. They said it was also a foray by Saudi’s de facto ruler, Crown Prince Mohammed bin Salman, or MBS, into U.S. electoral politics: a move by the Saudi-dominated oil cartel OPEC against President Joe Biden and in favor of Donald Trump.

“The Saudis are working to get Trump re-elected and for the MAGA Republicans to win the midterms,” Bruce Riedel, a senior fellow of the Brookings Institution, told The Intercept. “Higher oil prices will undermine the Democrats.”

Oil prices affect not just the price at the pump but also the cost of virtually everything in our fossil fuel-dependent economy — and are a major driver of inflation. “There’s no doubt that the Saudi-led OPEC oil production cuts are a strategic effort to hurt Americans at the pump and undermine our work to tackle rising costs,” said Rep. Ro Khanna, D-Calif., in an email.


MBS’s affinity for Trump is hardly a secret. Trump broke with presidential tradition by paying his first foreign visit to Saudi Arabia’s capital, where he inked a record $350 billion weapons sale to the autocracy. He also repeatedly defended MBS amid reporting, including by his own CIA, that the crown prince had ordered the murder of Washington Post journalist Jamal Khashoggi. “I saved his ass,” Trump reportedly said. “I was able to get Congress to leave him alone” — referring to three times he vetoed congressional resolutions blocking billions in weapons sales to the Saudis.


The cozy relationship between Trump’s circles and the Saudis persisted after the president left office. Just six months after leaving the White House, Jared Kushner, Trump’s son-in-law and former top White House adviser, won a $2 billion investment from the Saudi sovereign wealth fund at the request of MBS, who overrode the objections of Saudi officials. Kushner would later flaunt his influence with the Saudis in a pitch to investors for his investment firm Affinity Partners, according to a pitch deck obtained by The Intercept in April. And Trump’s Treasury Secretary Steven Mnuchin’s firm, Liberty Strategic Capital, raised $1 billion from the Saudi sovereign wealth fund.

EXPERTS SUGGEST THAT MBS’s oil production cut is a targeted attempt to hurt the Democrats’ electoral prospects. “This is MBS’s October surprise,” said Trita Parsi, executive vice president of the Quincy Institute for Responsible Statecraft. “This is his election interference. It forces Biden to make a choice: Will he protect America’s democracy and Democratic lawmakers in Congress, or will he triple down on a flawed gamble that says that the U.S. has no choice but to acquiesce to Saudi Arabia to prevent Riyadh from aligning with Russia?”

Khalid Aljabri — son of Saudi Arabia’s former intelligence chief, Saad Aljabri, and a frequent commentator on Saudi affairs — also made the comparison to the October Surprise: a term for a late-in-the-game, election-swinging event coined during Ronald Reagan’s successful bid to unseat Jimmy Carter. Aljabri said, “Emboldened by Biden’s no-consequence policy and empty campaign rhetoric, MBS wants to make a Carter out of Biden with OPEC’s October surprise, knowing that high gas prices and inflation influence domestic U.S. politics.”

In many ways, MBS’s decision to tamp down oil production is a rebuke to Biden’s controversial meeting with the crown prince in Jeddah this summer in which the two shared a fist bump. The meeting — following secret backchanneling with Riyadh by CIA Director William Burns, in which oil was discussed — flew in the face of Biden’s campaign promise to make Saudi Arabia a “pariah.”

“This is MBS’s October surprise. This is his election interference.”
There were several early signs that the meeting wouldn’t lead to the diplomatic thaw that the administration had hoped for. When Biden touched down in Jeddah, he was greeted not by a top official but by a provincial governor — a major diplomatic snub. And within minutes of the meeting between Biden and MBS, Saudi officials were leaking to the media, disputing Biden’s claim to have brought up Khashoggi.

The failure of the meeting to repair relations created tension between the White House and congressional Democrats, who feel as though the oil production cuts leave them vulnerable in the upcoming election and that the administration isn’t doing enough to compel Saudi Arabia to restore production.


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