Biden Warns a Russian Invasion of Ukraine Could Have Impact on Energy Prices
President Joe Biden is warning that a Russian invasion of Ukraine could have an impact on Americans’ wallets when they head to the gas pump.
During remarks at the White House on Tuesday, Biden said, “I will not pretend this will be painless. There could be an impact on our energy prices. So we are taking active steps to alleviate pressure on our own energy markets and offset raising prices.”
“We’re coordinating with major energy consumers and producers. We’re preparing to deploy all the tools and authority at our disposal to provide relief at the gas pump. And I’ll work with Congress on additional measures to help protect consumers and address the impact of prices at the pump,” he added. – READ MORE
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