The Saudi Arabian minister of state fired back against claims the country is responsible for higher U.S. gas prices, asserting lack of American refinery production is to blame.
“With due respect, the reason you have high prices in the United States is because you have a refining shortage that has been in existence for more than 20 years,” Adel al-Jubeir told “Special Report,” “You haven’t built refineries in decades.”
The Saudi Arabian government has been taking heat since OPEC+ made the decision to slash oil production by 2 million barrels per day. The country was pushed by the White House to avoid making cuts while U.S. gas prices remain high. The Biden administration, meanwhile, has not expanded domestic oil production as Americans are seeing gas prices rise again.