Joe Biden Set to Announce Ban on Russian Oil in a Move to Send Gas Prices Even Higher at 10:45 ET Presser
Joe Biden is set to announce a ban on Russian oil on Tuesday morning in a 10:45 press conference.
US gas prices hit a new all-time high earlier today.
Biden’s latest move, like his previous moves, will likely send gas prices even higher.
On his first day in office, Joe Biden killed off 42,100 jobs by ending construction of the Keystone XL Pipeline. The project would have delivered 830,000 barrels of crude to the US every day.
Then, a few months later in May 0221, Joe Biden waived sanctions on Russia’s gas pipeline to Germany.
The US was not allowed to build a gas pipeline but Russia was given approval.
On Friday Varney and Co. co-host Lauren Siminetti revealed the blunt truth on gas prices, Democrat policies, and Russian imports.
** The US imports 670,000 barrels a day from Russia.
** The Keystone Pipeline would have produced 830,000 barrels per day
** Biden shut down the Keystone Pipeline on Day 1.
** Biden approved the Russian pipeline to Germany a few months later.
Today the US imports gas from Russia every day and gas prices have nearly doubled in a little over a year.
This is all due to Democrat policies. At some point, you have to ask whose side are they on?
The Daily Mail reported:
President Joe Biden will announce a ban on Russian energy on Tuesday following relentless pressure from Republican and Democratic lawmakers in a move that could send gas prices even higher.
Calls to act have mounted since late last month when Russia’s authoritarian leader Vladimir Putin ordered an unprovoked and bloody invasion of Ukraine.
European allies, who rely far more on the Kremlin’s energy exports, are reportedly not joining the ban but were consulted by US officials, Bloomberg first reported.
