President Joe Biden on Tuesday announced a ban prohibiting all U.S. sales and imports of Russian oil, to keep up economic pressure on Moscow for its military campaign in Ukraine.
Biden said the move is another step to hold Moscow accountable for an “unprovoked and unjustified war on Ukraine” that has so far killed and injured thousands of people in the Eastern European Nation.
Biden’s administration has already imposed other crippling sanctions against Russia, as have other Western powers like the European Union and typically neutral Switzerland.
“The American people will deal another powerful blow to [Russian President Vladimir] Putin’s war machine,” he said, noting that the decision to ban Russian oil was made in consultation with U.S. allies, especially in Europe.
“This is a move that has strong bipartisan support in Congress and, I believe, in the country.”
“We will not be subsidizing Putin’s war,” Biden added, referring to revenues Moscow receives on sales of Russian oil.
Biden has faced growing pressure from both Democrats and Republicans to step up economic punishment, including a ban of Russian oil — a move that experts say will likely also be felt in energy prices in the United States.
“This is a step that we’re taking to inflict further pain on Putin, but there will be costs here in the United States, as well,” Biden said. “I said I’d level with the American people in the beginning. When I first spoke to this, I said defending freedom is going to cost. It’s going to cost us, as well.”
Related Story: Biden bans Russian oil and gas imports after bipartisan pressure
Biden said that Russia’s war with Ukraine has been responsible for a large hike in U.S. gas prices recently, and cautioned that banning Russian oil will probably make them rise even more.
“I’m going to do everything I can to minimize Putin’s price hike here at home,” he said, noting the decision to tap 60 million barrels from the global strategic reserve, 30 million of which is from the United States.
Biden cautioned oil and gas companies against making “excessive” price increases and exploiting the fighting in Ukraine for greater profits.
“Russia’s aggression is costing us all,” he said. “And it’s no time for profiteering or price gouging.”
Last weekend, Ukrainian President Volodymyr Zelensky encouraged the United States to stop buying Russian oil.
“The United States need not choose between our democratic values and our economic interests,” House Speaker Nancy Pelosi said in a letter on Sunday. “The administration and the Congress remain laser-focused on bringing down the higher energy costs for American families and our partners stemming [Russian President Vladimir] Putin’s invasion.”
The invasion of Ukraine is almost in its third week, and Russian forces continue to make advancements throughout the country — but it’s mostly been slow progress as Ukrainian military and civilian forces try to repel the attacks in major cities like Kharkiv and Kherson.
Tuesday, Ukrainian refugees began escaping the country through new humanitarian corridors established by Ukraine-Russia peace negotiations. The United Nations says that 2 million Ukrainians have fled their homeland since the start of the invasion.
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“Joe said, noting that the decision to ban Russian oil was made in consultation with U.S. allies, especially in Europe.”,,,,,(because he was to inept and stupid to figure it out on his own. Does Joe believe you can’t make America Great Again without foreign assistance or approval?)
“This is a step that we’re taking to inflict further pain on Putin, but there will be costs here in the United States, as well,”…….(We will pay much higher costs now because my “Too Slow Joe” decisions were not made swift enough earlier. Thank God I can now blame Putin for the Skyrocketing costs of fuel instead of the real reason of Me shutting down American pipelines and oil drilling the same day I took office).
““Russia’s aggression is costing us all,” he said. (And it’s no time for profiteering or price gouging.,,when it is so much easier to just ask for my usual 10% in laundered Russian/Ukrainian oil money.)
““The United States need not choose between our democratic values and our economic interests,”,,,,,,(and not worry about moral imperatives, like preserving innocent civilian lives.)
AND since the EU still is buying it, by the boatload, WHAT GOOD IS THIS going to do?! IMO its purely symbolic.
He did it because his numbers were diving again…PERIOD!
they should do a special COLA increase for those on social security with Biden in office
Before that senile stooge, actually his handlers, are finished, we could well be seeing that $10 a gallon gas price that some of the talking heads have been talking about. If that happens we would need a special COLA for every taxpayer in this country, not just us social security folks. Unless all democrats are purged from our government we will lose our constitutional republic and find ourselves with their version of a socialist nation, with them in charge of course.
It’s possible we could lose the country, but not all of it. Civil war may result which will end up splitting the country. We’ll even see states split apart and dummycrats in red states will be chased out. But that will only happen if every true American steps up and does their part. Can’t push it all onto a few patriots. It will take the efforts of everyone. Otherwise, get used to living in a communist country because that is the ultimate goal of the dummycrats.
This Quote Taken From Mark Levin’s Book, ” Rediscovering Americanism , ” Fits in Describing President Joe Biden And His demo rat Administration also those who voted Joe Biden into offoce , ” If the principles of Justice were founded on the degrees of peoples, the ediicts of Princes, or the decisions of Judges Then Justice would sanction Robbery and Adultery And Fofgery of Wills In Case These acts Approved The Votes or Degrees of the Populace .But if so , Great A power belongs to the decisions and Degree of Fools that the Laws of Nature Can be Changed By Theor Votes , then Why do They not Ordain that What is Bad and Baneful Shall Be Considered Good and Salutary ? Or If A Law Can Make Justice out of Injustice, Can It not also Make Good out Of Bad?. ” This is What the democrats Under President Joe Biden Has done, Joe Biden has Approved a Pipe Line For Russia , Putin, but zt the same time closed down ” The Keystone Pipe Line putting Americans Out Of Oil and Out of Work and Higher Prices .
Wild. That IS a big assumption, that “Every true american will step up’…
You can bet ANY COLA increase, will be a DROP in the bucket, compared to the ACTUAL COST OF LIVING increases…
F.CJ.B. is a democommunist sell out, he is a traitor, I know it , you know it, the world knows it , and he knows he is to. F.J.B. is in knee deep with china and russia , to be part of the n.w.o. and there will be only 3, the UKers and the Aussies, will be be kicked to the curb, on this, power takeover. All of this is just distraction, for what they have planned.
Rodger Dodger71: That is their goal to create a New World Order and the Antichrist will be the leader!! The whole entire world is doomed until our Messiah Jesus Christ – The Light of the World returns!
While continuing to further the pain on American citizens by not fully reopening our fossil fuel industry.
I have a 2006 6-cylinder Hyundai Santa Fe that I would fill up under Trump for around $27—it took $60 today—and it didn’t fill it up.
LET’S GO BRANDON
Last Friday, i went on a shopping trip to Wheeling Va.. NORMALLY that trip costs me ONE full tank of gas, which i could do for 24 bucks..
THIS TIME even with me putting 35 in, i was STILL NOT FULL…
Of course with the American people suffering because of his inability to accomplish anything positive for the USA, he will again use valuable fuel to go to Delaware again and visit his basement hideaway to hide this weekend.
AND how much is being burned, by harris visiting all these bloody foreign nations for useless ‘Face to face meetings’??
Day late and a dollar short as ‘they’ say! If he hadn’t shut down our own industry to appease the radical left subversives of the climate change lobby who have never presented a viable alternative to energy we now use this would not have become the catastrophe that it is. Pandering to the minority is getting him into trouble on a lot of fronts, this is merely one of them. Now he is begging rogue states who hate to supply us rather than do the sensible and logical thing, pump our own oil. That’s what mandates are for, Mr. President!
further pain on russia?
the communist do not care about there people as long as the elites have what they need and they will have it while
the common folks starve and freeze just like the 70’s and 80’s in russia bread lines and toilet paper lines meat lines that make waiting on a ride
at disney look spectacular.
the only pain biden cares about is what he and his devil dogs can inflict on americas heartland .
just as rush limbaugh used to say “i know them like the back of my hand”.
in the liberal mind the usa has had it to good for to long and needs to be taken down a few notches to the socialist mantra everybody suffers equally.
Hell,just look at what they did to their own TROOPS IN WW2.. Shooting any that retreated from an UNWINNABLE battle….
That should show ANYONE with 2 brain cells to rub together that RUSSIA NEVER HAS cared about the common folk.