White House economic adviser Larry Kudlow said: “We continue to explore options, including exiting the strategic oil reserve,” given that “oil shortages remain a significant problem and we must consider its impact on markets.” He also saw that “OPEC+’s decision to cut production is disappointing because it is not justified.”

And earlier, the White House considered that “the OPEC + decision will have significant negative consequences for low- and middle-income countries,” noting that “the decision reminds us of the need to reduce our dependence on fossil fuels from foreign sources.” And he added: “We will consult with Congress on the provision of additional tools and powers to reduce OPEC’s control over energy prices.”

He pointed out: “It is clear that OPEC+ is in alliance with Russia, and its decision to cut production was a mistake and in the interests of Russia,” and added that “Biden ordered the Department of Energy to consider all available measures in order to maintain stability in oil prices “.

The OPEC+ alliance officially announced “to cut oil production by two million barrels per day starting in November, based on the agreed levels of August” and announced that “the current OPEC+ agreement is being extended until December 2023 instead of the end of this year.”