The tension in Ukraine and Russia is bringing more interest for Biden, rather than Putin.
The New York Post explained that “if Russia invades Ukraine, the West could retaliate by sanctioning Moscow, which could further put a strain on oil supplies.
Russia is one of the world’s largest producers of crude, accounting for some 10% of global demand. It is also Europe’s largest supplier of natural gas, which is critical for generating heat and electricity.”
Biden economy braces Americans for higher energy prices if Russia invades Ukraine.
Biden said that he “will not pretend this will be painless”
Pres. Biden says Russian invasion of Ukraine could impact energy prices.
— ABC News Politics (@ABCPolitics) February 15, 2022
Experts claim that gas prices would skyrocket to as much as $7 per gallon in the U.S as a result of the manufactured crisis between Russia and Ukraine.
The cost of oil is at a 7-year high.
Gas is at an 8-year high.
Joe Biden is the President of high prices and American families are footing the bill. pic.twitter.com/VsPQpUlyAz
— Senate Republicans (@SenateGOP) February 18, 2022
The Epoch Times has also reported about this warning:
“I guess that you are going to see $5 a gallon at any triple-digit [oil price] … as soon as you get to $100.
And you might get to $6.50 or $7,” Dan Dicker, founder of Energy Word, said to Yahoo Finance.
Dicker sees oil going higher than $150 per barrel, mirroring the spike in prices back in 2007.
People are being hit hard due to inflation…
Eggs are up 46.9%
Diapers are up 8.7%
Gas is now $5.00/gallon (#CA)
Produce is up 7%
We need elected officials across the political spectrum to put their pride aside and get serious about addressing this!
— Aarika for CA-32 (@AarikaRhodes) February 18, 2022
The Biden regime is haunted by inflation and it’s not good, Americans suffer from Biden’s bad decision-making.
According to AAA, the average price of a gallon of gas reached $3.51 on Wednesday and up roughly a dollar from a year ago and the highest level since October 2014. And in just the last month, prices in more than a dozen states have jumped 25 cents.