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Biden: Gas Prices Are ‘Going to Go Up’, ‘Can’t Do Much’ About It

Nick Ciolino March 9, 2022 Business & Economy, Economic Policies, Economy, Energy, Executive Branch, Gas Prices, inflation, Joe Biden, Politics, Russia, Uncategorized, US, US News Comments Off on Biden: Gas Prices Are ‘Going to Go Up’, ‘Can’t Do Much’ About It
President Joe Biden says gas prices in America that are already at historical highs are going to continue to go up and that there’s not much that can be done about it at this time. On Tuesday the president announced a ban on Russian energy imports as the latest move from the United States to isolate Russia’s economy in response to its invasion of Ukraine.
Later in the day, as Biden landed in Texas, a reporter asked for his message to the American people on gas prices, which reached a record $4.173 on Tuesday, according to the American Automobile Association (AAA). “They’re going to go up,” said Biden of the prices. When asked what he can do about it, the president responded: “Can’t do much right now … Russia is responsible.” Gas prices have been on the rise ever since dropping below $2.00 a gallon during the COVID lockdown measures …

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