Political and Legislative
Biden Warns That a Russian Invasion Could Affect Energy Prices
President Biden on Tuesday warned that there will be consequences for Americans at home if Russia decides to invade Ukraine, notably through prices at the gas pump.
“I will not pretend this will be painless, there could be impact on our energy prices. So, we are taking active steps to elevate the pressure on our own energy markets to offset raising prices,” Biden said in remarks at the White House.
The president said those steps include coordinating with major energy consumers and producers and working with Congress on additional measures in order to address the impact of gas prices.
