Headline RoundupMarch 8th, 2022

Biden Administration Bans Russian Energy Imports

Summary from the AllSides News Team

President Joe Biden announced Tuesday that the U.S. will ban imports of Russian oil, natural gas and coal in response to Russian President Vladimir Putin's invasion of Ukraine.

In announcing the ban, Biden said the U.S. "will not be part of subsidizing Putin’s war." Biden acknowledged how the move may lead to even higher energy costs for people in the U.S., and added that the Russia-Ukraine conflict is a reminder of America's "need to become energy independent" and "should motivate us to accelerate a transition to clean energy." Separately, a bipartisan group of lawmakers unveiled a deal on Monday to ban energy imports from Russia and suspend normal trade relations with Russia and Belarus. The average price of a gallon of gas in the U.S. hit a record high on Tuesday, and oil prices also hit a 14-year-high.

Voices on all sides have been questioning U.S. dependence on Russian oil since the invasion began, and sources across the spectrum analyzed how Biden's announcement may worsen already-high energy costs for U.S. consumers. Right-rated sources often highlighted Biden's previous stances against increasing U.S. oil production as a reason for high energy costs. Some coverage from left-rated outlets suggested that Biden waited to announce the ban due to fear that the move would raise energy costs for Americans.

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