USA Today Episodes Around October 6, 2022
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1:14Now PlayingBiden considering 'alternatives' after OPEC oil production cuts | USA TODAY
Oct 6, 2022·10.3K views
October 6, 2022
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1:14Now PlayingPresident Biden says the White House is exploring alternatives after OPEC’s decision to slash the amount of oil delivered to the global economy.
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President Joe Biden said Thursday his administration is looking for ways to lower gas prices after oil-exporting countries announced plans to cut production by 2 million barrels a day, a move that will likely raise prices at the pump. "We are looking at alternatives – we haven’t made our minds up yet,” Biden told reporters at the White House.
Biden also said he doesn’t regret his trip to Saudi Arabia last July in which he met with the crown prince, Mohammed bin Salman, despite objections from human rights organizations. The trip was widely seen as an attempt by Biden to get the Saudis to ramp up oil production to lower gas prices.
Biden said the trip was about diplomatic issues in the Middle East and Israel, but that OPEC's decision was nonetheless "a disappointment and says that there are problems."
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