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Sen. Rand Paul blasted President Biden over his controversial journey to Saudi Arabia — accusing the commander in chief of “begging and bowing down” to the royals to extend the provision of oil.
“Somewhat than touring to Saudi Arabia, [Biden] must be touring to Texas or North Dakota, and he must be … asking our nation to ramp up [oil] provide as an alternative of begging and bowing all the way down to the Saudis and asking them to bump up their provide,” the Kentucky Republican informed host John Catsimatidis on his WABC 770 AM radio present in an interview that aired Sunday.
“It’s not solely unhealthy economics, nevertheless it’s embarrassing for him to be over there … begging them for extra oil. I couldn’t be extra against what he’s doing,” Paul mentioned.
Within the financial interaction between provide and demand, Paul accused the Biden administration of taking actions to intentionally cut back the provision of oil, inflicting costs to skyrocket this summer time to greater than $5 a gallon on common in June.
”Every little thing the Biden administration has performed has been to cut back the provision. They’ve banished pipelines. They’ve banished drilling permits. They’ve banished drilling leases. They’ve stopped the growth of drilling into ANWR, which is a portion of Alaska, which has sufficient oil to make us fully power unbiased, in all probability for 100 years,” Paul mentioned, referring to the Arctic Nationwide Wildlife Refuge.
Biden signed an government order on his first day within the White Home to quickly droop oil and fuel drilling leases granted in the course of the Trump administration, and the Inside Division made it everlasting in June 2021.
Paul mentioned the Biden administration’s “all-out assault” has scared buyers away.
“It shouldn’t shock any of us that the worth [of oil] has shot by way of the roof. There’s a approach to repair this. They might instantly begin encouraging manufacturing [in America],” the senator mentioned.
Biden returned to the White Home on Sunday after a four-day journey to Israel and Saudi Arabia.
His journey to the royal kingdom generated headlines for his fist-bumping Saudi Crown Prince Mohammad bin Salman, regardless of the royal’s position within the loss of life of Washington Put up journalist Jamal Khashoggi in 2018.
The president was additionally criticized for pleading with the Saudis to extend manufacturing to assist carry down the worldwide price of oil — though Biden had mentioned that wasn’t the aim of his go to.
“I’m doing all I can to extend the provision for the USA of America, which I anticipate to occur,” the president informed reporters final Friday following his assembly with Salman. “The Saudis share that urgency and primarily based on our discussions at this time, I anticipate we are going to see additional steps within the coming weeks.”
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