Commentary
President Biden will attend the Gulf Cooperation Council meeting in Saudi Arabia next month, with the explicit goal of convincing the GCC—that is, the Saudis—to increase production of crude oil as a tool with which reduce gasoline prices in the United States. From a recent press conference:
Q: And my question on Saudi Arabia: Why not have the President go there and just not meet with the Crown Prince?
MR. KIRBY: The President is going to Saudi for the GCC—the GCC+3, to be honest. It’s nine states in the region. There’s a big agenda there, Kaitlan, on the Gulf Cooperation Council. It’s counterterrorism. It’s climate change. Certainly, it’s—oil production, obviously, is going to be on the agenda….