1srelluc
Diamond Member
I commented last week how Biden's action could cause a spike in gas prices.....Well it wasn't long in coming was it?
President Joe Biden is making a change before he leaves the presidency that could saddle President-elect Donald Trump’s administration with higher gas prices.
He waited until now to enact new sanctions against Russia that are likely to raise prices at the pump as Trump prepares to take back the White House, and he would not answer questions about his reasons for it.
A reporter asked him at the press conferences why he waited so long to impose the sanctions, and did it right before Trump regained the presidency.
“Mr. President, you talked about gas prices coming down. You made today’s decision about sanctions against Russia. Are you concerned that that decision will perhaps lead to gas prices going up? And can you explain why those sanctions were imposed today and not earlier in the term?” the reporter said.
From what I understand Russia said "well FU", and cut their production.....Along with the Saudis planned 1 million a barrel cut it drove up the price and we are now paying for it.
President Joe Biden is making a change before he leaves the presidency that could saddle President-elect Donald Trump’s administration with higher gas prices.
He waited until now to enact new sanctions against Russia that are likely to raise prices at the pump as Trump prepares to take back the White House, and he would not answer questions about his reasons for it.
A reporter asked him at the press conferences why he waited so long to impose the sanctions, and did it right before Trump regained the presidency.
“Mr. President, you talked about gas prices coming down. You made today’s decision about sanctions against Russia. Are you concerned that that decision will perhaps lead to gas prices going up? And can you explain why those sanctions were imposed today and not earlier in the term?” the reporter said.
From what I understand Russia said "well FU", and cut their production.....Along with the Saudis planned 1 million a barrel cut it drove up the price and we are now paying for it.