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Biden disappointed by ‘shortsighted’ cut by OPEC+, White House says

2022.10.05 12:16

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© Reuters. FILE PHOTO: U.S. President Joe Biden listens to a guest doctor speak during a meeting of the Reproductive Healthcare Access Task Force in the State Dining Room at the White House in Washington, U.S., October 4, 2022. REUTERS/Elizabeth Frantz

WASHINGTON (Reuters) – U.S. President Joe Biden is calling on his administration and Congress to explore ways to boost U.S. energy production and reduce OPEC’s control over energy prices after the cartel’s “shortsighted” production cut, the White House said on Wednesday.

Biden will also continue to direct releases from the nation’s Strategic Petroleum Reserve as necessary, national security adviser Jake Sullivan and National Economic Council Director Brian Deese said in a statement.

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