White House displeased with Saudi Arabia’s decision to cut oil production
Wednesday, October 12, 2022
Displeased with Saudi Arabia’s decision to team up with Russia and cut oil production, President Biden is re-evaluating the United States’ relationship with Saudi Arabia, according to The New York Times.
“The president’s obviously disappointed by the OPEC decision and is going to be willing to work with Congress as we think about what the right relationship with Saudi Arabia needs to be going forward,” John F. Kirby, the strategic communications coordinator for the National Security Council at the White House, said on CNN. “The timeline’s now and I think he’s going to be willing to start to have those conversations right away,” he said. “I don’t think this is anything that’s going to have to wait or should wait quite frankly for much longer.”
Some of the measures leading Democrats have proposed are curbing American security cooperation with Saudi Arabia, including arms sales, and stripping OPEC members of their legal immunity so they can be sued for violations of American antitrust laws.
Learn more: The New York Times > Biden to ‘Re-Evaluate’ Relationship with Saudi Arabia After Oil production Cut
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Shale FAQ
What is fracking?
Fracking is a slang term for hydraulic fracturing. Fracturing is a process by which highly pressurized fluid is pumped thousands of feet into the ground to fracture rock formations. The goal is to release the natural gas that’s locked inside the rock.
Is it safe?
What most concerns people about fracturing is ground water contamination. The worry is that fractures underground, caused by the process, will extending upwards and into aquifers, releasing gas and chemicals into the ground water supply. There’s been no confirmed reports of such a thing happening. Though surface spills and drill site blowouts can lead to localized environmental concerns.
Will my water catch on fire?
Flammable water is caused by the release of methane gas into a drinking water supply. Methane gas occurs naturally and can be released by any kind of drilling, including water wells. In Pennsylvania officials fined Chesapeake Energy $1 million for contaminating ground water with methane. It was determined that the company had not properly cemented it’s boreholes and gas migrated up the well, between rock and into aquifers.