Joe Just Got Played! Oil Trading Report Shows Biden’s Trip Is A Humiliating Failure

Biden’s trip overseas to beg for oil has already become a humiliating failure.

According to the White House, Americans are paying more at the pump because of “Putin’s price hike.”

They told us that $5 a gallon of gas is the price of freedom.

Since Biden killed US oil production, Biden went to the Saudis to beg them for more oil.

In response, Saudi Arabia is buying more oil from Russia to sell its oil to Western nations.

During the second quarter, Saudi Arabia imported 647,000 tons of Russian oil, which is 320,000 more barrels than in 2021.

From Reuters:

Saudi Arabia, the world’s largest oil exporter, more than doubled the amount of Russian fuel oil it imported in the second quarter to feed power stations to meet summer cooling demand and free up the kingdom’s own crude for export, data showed and traders said.

Data obtained by Reuters through Refinitiv Eikon ship tracking showed Saudi Arabia imported 647,000 tonnes (48,000 barrels per day) of fuel oil from Russia via Russian and Estonian ports in April-June this year. That was up from 320,000 tonnes in the same period a year ago.

For the full year 2021, Saudi Arabia imported 1.05 million tonnes of Russian fuel oil.

 

Biden is so hellbent on destroying the oil industry in the United States that he’s willing to be ok with the Saudis buying oil from Russia, undermining his pathetic sanctions.

The utter stupidity of the Biden administration is truly a sight to behold.

However, Biden officials continue to blame Putin for all of their problems.

America has some of the world’s most significant fossil fuel resources that would bring gas prices down, help lower inflation, increase the country’s GDP, and help our allies in Europe.

However, Biden would prefer the Saudis buy oil from Russia and lift sanctions on Venezualu.