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Who’s really responsible for our pain at the pump?

Energy,Gas Prices,Inflation,Russia,Ukraine War,Joe Biden,Oil

From the Center
Analysis

A few months ago, when gas was a mere $3 or so a gallon, stickers started showing up on gas pumps that showed President Joe Biden pointing to the price. The stickers read “I did that!” and they were a sort of guerrilla warfare against the Biden administration and its policies.

The stickers may be showing up with greater frequency now as sanctions against Russia settle in, including the ban of Russian oil, which the president announced Tuesday.

Although Russian oil comprises about 3% of the crude the U.S. imports, prices are expected to climb even higher with similar bans announced in Europe. If the most dire predictions are correct, and the conflict is sustained, hold onto your wallets. Some experts see $6 a gallon coming.

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