What is E. Macron playing at deliberately giving Biden bad news about the oil crisis in front of the media? [VIDÉO]. – The Informant.



What is E. Macron playing at deliberately giving Biden bad news about the oil crisis in front of the media? [VIDÉO].

Published on 29.6.2022


E. Macron spoke with Joe Biden on Monday, June 27, 2022, in front of reporters, about attempts to get Arab nations to produce more oil to bring down soaring gasoline prices.

As Macron broke the bad news to Joe Biden, Jake Sullivan, Joe Biden’s national security adviser, interrupted the conversation as the leader discussed the oil crisis with Joe Biden at the G-7 summit in Germany. ” Attention. Maybe we should go inside…because of the cameras,” Sullivan said, waving at reporters covering the G7 summit.

It is not certain that Mr. Biden understood what Mr. Macron was saying, as he began to walk away before the latter had finished speaking.

Michael Shellenberger, a bestselling author, tweeted a video of the exchange.

Mr Biden was counting on Arab countries to produce more oil, but a few hours ago French President Macron was overheard telling Mr Biden that the UAE is at maximum capacity and the Saudis cannot not produce much more. It appears to be a direct call for Biden to produce more oil.

Tendency : USA: After abortion and according to Judge Thomas, the Supreme Court should reconsider its decisions on homosexual marriage and contraception.

Look :

Tweet translation:

“Biden was counting on Arab countries to produce more oil, but a few hours ago French President Macron was overheard telling Biden that the UAE was at full capacity and the Saudis could not produce much more. This appears to be a direct call for Biden to produce more oil.”

French President Emmanuel Macron said on Monday June 27 that UAE Crown Prince Sheikh Mohammed bin Zayed (MbZ) told him that OPEC’s two main oil producers, Saudi Arabia and the United Arab Emirates united, can barely increase oil production.

“I had a call with MbZ,” Macron was heard telling US President Joe Biden on the sidelines of the G7 summit.

“He told me two things. I am at a maximum, a maximum (of production capacity). Second, he told me…the Saudis can increase a little, 150 (thousand barrels per day) or a little more. They don’t have huge capabilities at this point,” Macron said.

Brent oil prices jumped more than $2 a barrel to above $115 a barrel on the news, amid tighter global supply and rising demand.

Saudi Arabia and the United Arab Emirates are seen as the only two countries in the Organization of the Petroleum Exporting Countries (OPEC) producer group and the world that still have spare capacity and could help boost global deliveries.

The West is looking for ways to cut Russian oil imports in order to punish Moscow for invading Ukraine.

Saudi Arabia currently produces 10.5 million bpd and has a nameplate capacity of 12.0 to 12.5 million bpd, which in theory should allow it to increase production by 2 million.

The United Arab Emirates produces around 3 million bpd, has a capacity of 3.4 million and is working to increase it to 4 million bpd.

Energy Minister Suhail bin Mohammed Al Mazrouei tweeted ;

In light of recent media reports, I would like to clarify that the UAE is producing close to its maximum production capacity, based on the current OPEC+ production baseline (3,168 mbopd) that the UAE United Arabs pledged to respect until the end of the agreement.

Translation of the first Tweet:

Commenting on what was aired recently on the production level of the UAE (United Arab Emirates, we would like to clarify that the current production of the UAE is close to the reference production cap for the state in the OPEC + agreement, which is (3.168 million barrels per day), and our commitment to this cap continues through the end of the agreement.”

Translation of the second Tweet:

In light of recent media reports, I would like to clarify that the UAE is producing close to our maximum production capacity based on its current OPEC+ production base (3,168mbopd) that the UAE has committed to until the end of the year. ‘OK.

After taking office, Mr. Biden immediately wreaked havoc on national energy production, including canceling the Keystone XL pipeline, banning all new oil and gas leases on public lands and halting the sale of several areas. drilling in Alaska and the Gulf of Mexico.

The news means Biden’s visit to meet Saudi Crown Prince Mohammed bin Salman in July may fail to convince oil-rich Arab states to help mitigate soaring gas prices.

Reuters reports that “Saudi Arabia and the United Arab Emirates were seen as the only two countries in the producer group, the Organization of the Petroleum Exporting Countries, and the world that still have some spare capacity and could help increase global deliveries. »

E. Macron is a savvy person, and it almost seems like he purposely gave Bident the game-changing information, within earshot of the media. If he had wanted the information to remain secret, he would have waited for an opportunity without the reporters being able to hear the conversation. It’s almost as if this “accidentally” revealed information is a way to pressure Biden into action. Perhaps we should be grateful for Macron’s recklessness.





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