“The problem of gasoline in the United States is more a function of the lack of refining capacity in the United States than a shortage of actual crude oil,” says the foreign affairs minister. Crude oil distillation has plummeted during Biden’s term as numerous refineries shuttered in New Mexico, Louisiana, North Dakota, Wyoming, and Texas.

Posted BY: Infowars.com

A top Saudi diplomat present at the meeting between Joe Biden and Saudi Crown Prince Mohammed bin Salman denied Biden pressured them to increase oil production and argued that high gas prices in the U.S. are a “function of the lack of refining capacity” rather than a shortage of oil.

In an interview on CNN’s “Situation Room” on Friday, Saudi Minister of State for Foreign Affairs Adel al-Jubeir refused to commit to producing more oil while explaining that those high domestic gas prices are a result of Biden’s policies.

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“Did President Biden ask you, Saudi Arabia, to increase oil production with the hope that it would reduce the price of gasoline in the United States?” anchor Wolf Blitzer asked.

“Not in — with specificity because the president knows that [the] energy issue is an issue of supply and demand. It’s an issue of balancing markets. Saudi Arabia’s committed to ensuring stability in the oil markets. The U.S. government is aware of this,” al-Jubeir responded.

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