White House 'disappointed' with OPEC+ decision to cut oil production, will release more from US reserves

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White House 'disappointed' with OPEC+ decision to cut oil production, will release more from US reserves
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White House expresses disappointment following the announcement from OPEC+ that it would cut two million barrels per day from its production quotas beginning in November.

October 5, 2022, 6:48 PMGas prices over $7.00 a gallon are displayed at a Chevron gas station on October 03, 2022 in Mill Valley, California.The White House on Wednesday expressed disappointment following the announcement from OPEC+ that it would cut two million barrels per day from its production quotas beginning in November.

Representatives of OPEC member countries attend a press conference after the 45th Joint Ministerial Monitoring Committee and the 33rd OPEC and non-OPEC Ministerial Meeting in Vienna, Austria, on October 5, 2022.

"I need to see what the detail is," Biden said in response to a reporter's shouted question about the decision. "I am concerned, it is unnecessary." "And again, it's because of the historic steps that this president has taken," she added. Jean-Pierre did not directly comment on the OPEC+ alliance's expected move from the podium.

Saudi Crown Prince Mohammed bin Salman, right, welcomes U.S. President Joe Biden to Al-Salam Palace in Jeddah, Saudi Arabia, July 15, 2022.MORE: Biden 'hoping' inflation cools as gas prices fall daily for more than a month

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