link : President Biden Bans Russian Oil. Blames Putin For Record Gas Prices. Vows Russia Will Never Take Ukraine
President Biden Bans Russian Oil. Blames Putin For Record Gas Prices. Vows Russia Will Never Take Ukraine
* President Joe Biden said the ban is a 'powerful blow to Putin's war machine' during White House remarks
* The ban will be levied by the US alone without European Union allies, which rely more on Russian energy
* Biden used their reliance on Russian oil and gas as a reason to accelerate the move toward clean energy, which he said 'will mean that no one has to worry about price at the gas pump in the future' * American markets only bought 3.5 percent of their crude oil from Russia last year, with most from Canada
* Domestic gas prices have skyrocketed since Russia launched an unprovoked attack on Ukraine in late Feb
* But the crisis has still exacerbated US gas prices, which reached a US-wide record average of $4.17 per gallon
* The American Auto Association released a series of tips to help Americans 'conserve' fuel on Monday
* Meanwhile US officials have been looking at Venezuela and Saudi Arabia as potential sellers to fill the gap
* Republican Senator Lindsey Graham said going to authoritarian Venezuela for oil is 'the height of insanity'
* Democrat Senator Jon Tester said 'We shouldn’t be advancing other countries who don’t share our values'
* More than 7 in 10 Americans still say they'd support a ban on Russian oil, a new poll released Tuesday shows
* The United Kingdom is expected to levy its own ban on Russian oil, with a ban on its natural gas still in talks
President Joe Biden announced on Tuesday the United States would target 'the main artery of Russia's economy' with a ban on energy imports from Moscow, while acknowledging the financial squeeze it would put on Americans already paying record-high prices at the pump.
'Americans have rallied support -- have rallied to support the Ukrainian people and made it clear we will not be part of subsidizing Putin's war,' Biden said at the White House.
He also hit back at Republican accusations that his administration cut back US oil and gas production -- pointing out that he actually pumped more oil than his predecessor Donald Trump did during his first year in office
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WNU Editor: President Putin has already warned that if such measures were implemented, it would be seen as a declaration of war. In a time when tensions need to be brought down, the opposite is happening.
President Biden Bans Russian Oil
Biden bans Russian oil, warns of ‘Putin price hike’ at pump -- AP
Biden says U.S. will ban Russian oil imports in response to Putin’s invasion of Ukraine -- CNBC
Biden announces ban on Russian energy imports -- CNN
Biden announces ban on US imports of Russian oil, warns gas prices will 'go up further' -- FOX News
Joe Biden bans Russian oil imports over Ukraine invasion -- The Guardian
Gas prices just hit a record high. Here's what Biden's ban on Russian oil means for prices at the pump. -- Business Insider
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