July 14, 2022
US President Joe Biden is visiting Saudi Arabia, where he hopes to persuade Saudi and Emirati leaders to increase the production of oil in a bid to bring gas prices down. The US is a top oil producer, along with Saudi Arabia and Russia. But the Saudis have two things the US doesn't: a unique capacity to quickly ramp up production and a leading role in the OPEC group of oil producers (and OPEC+, which extends to Russia and others). Here's a look at how US oil production stacks up against what the Saudis and Russians are pumping.
From Your Site Articles
More For You
- YouTube
In his latest Quick Take, Ian Bremmer says the Russia–Ukraine war is becoming more volatile as battlefield dynamics shift and diplomatic pressure fades.
Most Popular
Think you know what's going on around the world? Here's your chance to prove it.
- YouTube
Is Cuba next? Yesterday the Trump administration indicted Raúl Castro. Now the question—in Washington as much as Havana—is if Trump is preparing another regime change campaign in the Caribbean. But he'd do well to remember that Cuba is not Venezuela, says Eurasia Group's Latin America expert Risa Grais-Targow.
© 2025 GZERO Media. All Rights Reserved | A Eurasia Group media company.