Gas prices above $4 per gallon as Russia-Ukraine war impacts supply, disrupting global market

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 53%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

The U.S. national average for a gallon of regular unleaded gasoline hit $4.009 on Sunday.

Meanwhile, U.S. lawmakers on both sides of the political aisle have been ramping up pressure on the Biden administration to ban all Russian oil and gas imports, but the administration has said it wouldn't be possible without creating an even bigger hike in gas prices at home.

During his State of the Union last week, President Biden announced the U.S. is releasing 30 million barrels from its Strategic Petroleum Reserve to protect consumers from the rising prices, but the average continued to climb.the U.S. is now considering a ban on Russian oil, but that it will be "in coordination" with European and NATO allies.economy," he said on NBC. "We’ve seen the ruble in free fall. We see the economy heading into a deep recession.

"President Biden should immediately reverse his devastating policies that are causing gas prices to skyrocket and are giving Putin leverage against the rest of the world and return to the policies that were working under President Trump to create American energy dominance with gas prices below $2 a gallon," House Minority Whip Steve Scalise, R-La., who sits on the House Energy and Commerce Committee, told Fox News Digital.

FOX News' Paul Best contributed to this report, which was originally published March 6, 2022, and has been updated.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

So Biden will talk to Venezuela and Iran to negotiate more oil production but he will not talk to US oil producers or remove US oil and gas restrictions? This is treason.

He did say he would do anything in his power to take gas prices back down. Anything but giving the old keystone a thumbs up.

Gas was $4 before minor incursion ukraine

BIDEN HARRIS ARE HURTING OF OUR COUNTRY AIDDING ABBETTING IF OUR ENEMIES INCLUDING ALL DEMS.. EXTREMIST EMBRACING ISLAMIC MUSSLIUMS AGENDAS MARKISM SOCIALISM COMMUNISM ANTI AMERICAN ANTI CHRISTIAN VALUES CANCEL CULTURE CRITICAL RACE THEORY EXTREME RACIST WITHIN DEMOCRATIC PARTY!

Just saw that California is at $7/gal; we are all reaping what TheDemocrats have sown across the Country and the World. There isn’t ANY logical justification for anyone who is proud to be a democrat. The facts speak for themselves, the Dems are destroying everything everywhere

Biden mess!

Gas was going up before the conflict. Biden and the Dems are to blame for high prices

I'll be glad to pay it to defeat Putin!

Gas was $4 before the war. Why lie?

“New federal data shows the Biden administration approved 3,557 permits for oil and gas drilling on public lands in its first year, far outpacing the Trump administration’s first-year total of 2,658.”

Looks like Ripple Lawsuit is Over ❗️❗️❗️

We are at the same exact high gas prices where Barack Obama and joe Biden left off what a coincidence

Reminiscent of the disastrous Jimmy Carter administration in the late 1970s.

Time to nationalize US oil production, to stop the idling of our existing production capacity that is price gouging the American people.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 458. in SE

Sverige Senaste nytt, Sverige Rubriker