President Joe Biden warned of higher gasoline prices Tuesday after announcing the US would ban imports of Russian oil.
It marked the latest act of retaliation against Russia in the days since its invasion of Ukraine. Energy exports have sustained Russia's economy despite a series of financial sanctions. The President argued the US would “not be part of subsidizing Vladimir Putin’s war."
Gas prices, meanwhile, reached $4.25/gallon in Michigan Tuesday, a penny short of the all-time record.
If the US produces much of its own oil, however, why has the conflict caused domestic gas prices to surge?
Read more here: [ Ссылка ]
➡️ Subscribe to 13 ON YOUR SIDE for exclusive content: www.youtube.com/13onyourside
➡️ Visit our website: 13onyourside.com
Follow 13 ON YOUR SIDE on social media!
➡️ FACEBOOK: facebook.com/13ONYOURSIDE
➡️ TWITTER: twitter.com/wzzm13
➡️ INSTAGRAM: instagram.com/wzzm13
We stand up for the community. We want to make life better for everyone. We celebrate all that makes West Michigan unique. We are 13 ON YOUR SIDE.
