Biden pledges to use 'every tool at our disposal' to limit gas hikes following Russian sanctions
President Joe Biden on Tuesday pledged that his administration is using "every tool at our disposal" to limit the effect on gas prices in the US of sanctions he announced against Russia, acknowledging that Americans will likely see rising prices at the pump in the coming months.
However, Biden did not say what specific actions his administration plans to take to stabilize gas prices for US consumers -- something any American president has a limited ability to do.
"As I said last week, defending freedom will have costs, for us as well and here at home," Biden said. "We need to be honest about that. But as we do this, I'm going to take robust action to make sure the pain of our sanctions is targeted at the Russian economy, not ours."
Moving forward, Biden said that the administration is "closely monitoring energy supplies for any disruption."
https://www.msn.com/en-us/money/markets/biden-pledges-to-use-every-tool-at-our-disposal-to-limit-gas-hikes-following-russian-sanctions/ar-AAUb99U
= new reply since forum marked as read
