White House backs off Trump's tweet claiming Saudi agreed to produce more oil

The White House late Saturday issued a statement backing down from Donald Trump’s earlier tweet indicating that he had convinced Saudi Arabia’s king to produce as much as 2 million barrels of additional oil a day to bring prices down.

The White House statement said instead that while King Salman bin Abdulaziz confirmed his country has the extra production capacity, the Saudis will “prudently” use it “if and when necessary to ensure market balance and stability, and in coordination with its producer partners, to respond to any eventuality.”

Saudi Arabia regulates its oil production in agreement with other members of the Organization of Petroleum Exporting Countries. 

Trump tweeted that after the two men had a phone conversation Friday King Salman had “agreed” to increase oil production, “maybe up to 2,000,000 barrels.”

The state-run Saudi Press Agency confirmed Saturday that Trump had spoken with Salman on the phone about the need to “maintain the stability of oil markets,” The Wall Street Journal reported. But there was no mention of any agreement or oil amount.

If Trump made such a request, Iran’s OPEC governor Hossein Kazempour Ardebili told Bloomberg, that meant the president was calling on the Saudis to ignore their commitment to OPEC. “There is no way one country could go 2 million barrels a day above their production allocation unless they are walking out of OPEC,” he said.

Saudi Arabia may increase its output by up to 1 million gallons of oil a day due to OPEC talks last week — not because of a request by Trump, said Bloomberg. The nations agreed at a meeting in Vienna last with other OPEC members to modify earlier reductions in output.

Rising oil prices are impacting American prices at the pump. Average prices for unleaded gas, including taxes, averaged $2.83 a gallon for the week ending June 25 — up about 55 cents over the same period last year. The higher gas prices are a serious GOP concern as the midterm elections approach.

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A worker holds onto the traveling block near the top of the derrick.

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A worker rides the traveling block up to the top of the derrick.

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A roughneck holds a mud-caked drill bit.

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A worker screws a nipple onto the end of a drill stem for a test to determine direction and draft of drilling operations.

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Workers make repairs to a pipe wrench.

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A worker screws on a nipple.

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A worker applies grease to the drill stem.

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Workers put a clamp in place to bring up a section of drill pipe.

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Workers loosen sections of pipe.

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A worker hoses down the rotary table.

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Workers' clothes dry on a steam pipe.

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Workers confer over drill bits.

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Workers inspect sections of drill pipe.

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A worker probes in the slush pit.

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Workers guide the bit through the rotary table.

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Workers use pipe wrenches to screw together two lengths of pipe.

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A worker rests next to various tools.

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A worker chews on a pipe while applying grease to a drill stem.

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Workers break for lunch.

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Workers take a break to read the paper.

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This article originally appeared on HuffPost.

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