Whip Scalise claims Putin using funds from surging gas prices to finance Ukraine border military buildup

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House Whip Steve Scalise, R-Ia., on Wednesday claimed that Russian President Vladimir Putin is using the added profits from surging gas prices to finance the military buildup along Ukraine's border, a financing scheme he blamed President Biden for.

"Keep in mind this is not a free market around the world. OPEC is a monopoly, it’s a cartel," Scalise said. "OPEC wants gas prices to be higher. They could produce more oil tomorrow and bring prices down. But they don’t want to."

"You know who else makes money off of high gas prices? Vladimir Putin," Scalise claimed. "And what is Putin doing right now with all of that money that Joe Biden has given him? He’s getting ready to invade Ukraine with billions of dollars he got from oil money."House Minority Whip Steve Scalise speaks during a news conference in Washington Jan. 19, 2022.

Senators are divided over whether sanctions should be immediately placed on the pipeline as a warning to Putin to respect Ukraine’s sovereignty or if sanctions should be implemented only after a Russian invasion.

 

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