White House: We will consult with Congress about taking action against "OPEC"

President of the White House National Economic Council Brian Dees said the US administration will discuss measures that may be taken against the OPEC organization and will consult with Congress on this matter.

Dess told reporters Thursday, commenting on the NOPEC oil antitrust bill, “We intend to consult with Congress on additional measures. There are a number of measures that have been put forward and discussed over a certain period, and we intend to continue until we see what tools we need and whether we need them.”

“We intend to hold consultations on all existing ideas at the legislative level,” he added.

He recalled that President Joe Biden had previously stressed the need to explore all options, assess the situation and make recommendations.

“And that’s what we’ve done… and we’ll continue to do that,” Dess said.

It should be noted that the goal of the NOPEC bill is to empower US courts to hear cases against OPEC countries and other countries that “monopolize the oil market,” according to Washington, and take action against them.

This comes amid a decision by the OPEC+ group to cut oil production by two million barrels per day starting in November next year and extend the agreement to cut production until the end of 2023.

Commenting on the decision, Dees said the United States was “disappointed” with it, calling it “unjustified and unnecessary at a time when low demand is a major problem.”

He added that Washington seeks to “maintain the demand for energy resources in the world, that is, for oil and gas, at a sufficient level and maintain price stability.”

He stressed that Washington is considering taking action in this regard, noting that it is necessary to reduce the price of gasoline in the country.

Source: TASS

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