Gas Prices May Rise After OPEC+ Announces Production Cut



There are new concerns that gas prices may increase after some of the world’s top oil producers, including Saudi Arabia and Russia, promised deep cuts to output. NBC News’ Emilie Ikeda has the latest on OPEC+ announcing it will slash production to spur a recovery in prices.
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38 comments

  1. 2 mill barrels cut from OPEC and soon 1 mill barrels cut from Biden, and then the buyback of 200 mill barrels can begin at a higher price than what Biden sold the oil reserve at 🤡 What a clown.

  2. Thanks Obama Bin Biden, Fake “democrats”, Lunatic Administration, BLM, race wars, LGBT rights, homosexual propaganda

  3. They doing this for the holidays

  4. Common man it's just an inch!

  5. Make gasoline for $50 a litre. Such a policy is initially doomed to the survival of the elites.

  6. This is a response to the 8th package of sanctions against Russia. They wanted to get a price ceiling for gas. It's just flowers. Berries in front are very sweet.

  7. I'm 58 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, we are finding it impossible to replace it. We can get by, but cant seem to get ahead. My condolences to anyone retiring in this crisis, 40years nonstop just for a crooked system to take all you worked for

  8. Biden doesn't have to worry He has enough gas coming out of his a** to fuel his Corvette

  9. How America dreams of the good old days when there was a very long string attached to the oil fields in the Middle East. The US pulled, and the valves opened. With the declining US influence over the Middle East, the people take care of the valves cut the string, and now the Middle East is making own decisions for its own resources.

    One conclusion can be made is this…people do have long memory. If you keep doing unfavourable things to them and thought you can get away with it, it doesn't. They will add up the scores, and as soon as your true strength is reveled, they respond accordingly.

  10. Thank you NATO clowns and Biden

  11. Biden has nearly depleted our strategic reserves. At this rate, we will have no reserves for 2023. If we go to war, we will be in trouble

  12. Biden is a joke. Daddy trump told Saudi’s what to do, and they did it.

  13. Why wouldn't they cash in on the overpriced prices? Total B.S. An act of war to the poor and middle class.

  14. Yahoo has an article that our utility bills will be the next $5 gas. So does that mean my utility bills will go DOWN? (I live in California by the way)

  15. Somehow, it'll still be Biden's fault.

  16. govt about to nationalize it and get hit uside the head, dumbasses we're in wartime

  17. I think "may rise", is a bit overly optimistic. It's going up, it is just a matter of how much. The Saudis spit right in Biden's face after his begging them during his visit. Plus, I heard this morning that him tapping the oil reserves and not replenishing it enough yet, is going to make us vulnerable even more.

  18. Biden will get blamed for it, even though he has nothing to do with gas prices.

  19. Do not bow to Saudi pariah as what Joe Biden did, USA.
    You can unhook yourself from rest of the world.

  20. Who need oil from Russia and Saudi Pariah.!!
    No worry. as atoney blinken said 'It’s a tremendous opportunity'.
    US can bump its oil production and ship them to her Eueopean 'alies' for free. That way, not only US can chock oil export from Russia and Saudi Pariah, but also show her 'alies' what is 'a friend in need is a friend indeed', and what is a 'responsible' country as well.

  21. You finally get to see why the opec ministers are working with Trump as they get top secret info from Trump and they rise the oil price with slowed production of oil to help GOP.

  22. Almost at 9$ keep going. Then 5-10 more years, and see the data, hasent changed much, but the outcome will be, 'not dead'

  23. The West led by the US is too cocky. The world doesn't have to listen to the West anymore.

  24. Yooo that's Blitzo's VA From Helluva Boss 1:03

  25. back to putting in only the very small amount of gas I need to get by and more NOT driving unless absolutely needed. Back to NO SPENDING ON ANYTHING AGAIN while the gas prices go up,,, NO SPENDING ON ANYTHING for a few months again it looks like.

  26. Well I wasnt getting too comfy

  27. Will be look at 11-15$ probably

  28. Helping Putin and the Republicans gee I’m so surprised

  29. We never got to 6 or 7 dollars? Where was that L.A.?
    We're still the same 5 something

  30. Glad I just bought an EV. $320/month in gas is now my monthly payment….this will not stop folks.

  31. The Supreme Court needs to intervene with this administration dissembling of illegal information: Biden Operation Caught Dissembling to Court About Trump Raid Docs! https://www.youtube.com/watch?v=6w7UMtuC0f0

  32. This is more on the war That's going on in Russia more than fortunately The tanks are not going to drive themselves you know

  33. What will Joe Biden do? Absolutely nothing

  34. The Hare Krishna Maha Mantra:
    Hare Krishna Hare Krishna Krishna Krishna Hare Hare Hare Rama Hare Rama Rama Rama Hare Hare
    FREE vegetarian feast every Sunday at an ISKCON center near you. Chant and be Happy!
    ÷÷÷÷÷

  35. Thank Biden's relationship with the Saudi's for this. Biden is so weak