According to the " Global Times " citing the news released by the U.S. State Department official website, Blinken was asked by the media how to view OPEC organization in relation to oil pricing, and whether the U.S. government is worried about this trend and whether the U.S. government will continue to provide weapons to Saudi in the future. Blinken said that the practice of OPEC on oil pricing is not only short-sighted, but also disappointing. The US has listed all the tools, but the State Department needs to be consistent with Congress on how to develop in the future.
Although Blinken's response tried to let the outside world see that the Biden administration had enough confidence to deal with the decision of OPEC's plan to reduce production, within the US Congress, a considerable number of lawmakers are already angry at the decision of OPEC, especially the "back stab" of the Saudi royal family. Some US media have disclosed that many Democratic lawmakers advocate retaliation against OPEC.
Some House of Representatives even proposed legislation as soon as possible to directly remove Saudi Arabia from the US military's defense system, and to achieve the effect of "killing the chicken and warning the monkey" by sanctioning this most influential country in the OPEC organization. In fact, since OPEC released the news that it was about to cut production, it has attracted close attention from the Western world, and the United States is the most nervous about it. In July this year, when Biden visited Gulf countries, one of the main tasks was to convince these major oil producers in the Middle East to cooperate with the US government's strategy to increase production capacity and minimize the rising international oil prices.
At that time, in order to show that "the friendship between the United States and Saudi Arabia is as solid as a rock" in front of the media, Biden also deliberately punched the Saudi Crown Prince Salman to show friendship. However, in less than three months, the Saudi slap in the face of the United States slapped hard in the face, making the US government angry. But no matter how annoyed the United States cannot encircle Saudi Arabia like Russia, because the OPEC organization is not just Saudi Arabia.
is just the opposite. There are two choices before Biden. Either continue to maintain his existing soft attitude and persuade Saudi Arabia to cooperate with the US oil strategy, or turn against each other directly and retaliate against the entire OPEC organization, including Saudi Arabia. If the United States chooses to retaliate and kick Saudi Arabia and other countries out of the United States' military umbrella, it is indeed a solution, but it will also cause a serious consequence, that is, the United States' military framework in the region will inevitably shake. At the same time, the US dollar system will suffer a more severe blow.
In fact, for the United States, the real solution does not require flying to the Middle East to seek expansion, because the United States itself is the world's largest oil producer. Since the United States achieved "shale oil freedom", it no longer needs to consider energy security, but this is only limited to the theoretical level. In reality, the United States' oil and gas mining relies entirely on private company , and the United States' shale oil merchant is a loyal ally of the Republican .
Although Biden has called on shale oil merchants to increase production capacity to calm oil prices more than once, these American oil merchants have already made new tricks to operate their capital and will immediately go public and trade stocks after applying for a mining license. Not only can they take the opportunity to make a big profit, but they also don’t have to worry about the impact on profits after the increase or decrease in production. Therefore, the more angry the Biden administration and the U.S. Congress are at OPEC's decision, the more it highlights the powerlessness of the U.S. executives' powerlessness towards energy capital. Now, there is still one month left before the US midterm elections. If the Biden administration cannot quickly resolve the oil price issue, then the Democrats will not only lose power in the House of Representatives, but also their status as the Senate will be out of stock. This is undoubtedly a major test for Biden's ability to govern in the next two years.
