Headline Details

Opinion: How President Biden can win the energy war with Russia — and lower gas prices

Published on: Tue, 17 May 2022 14:30:01 UTC
News Agency: CNN
As energy tensions continue to rise in Europe amidst the war in Ukraine, Americans are feeling the effect at home. Russia shut off natural gas supplies to Poland and Bulgaria last month, and the European Union recently proposed a ban on Russian oil imports. Meanwhile, just last week, the US Consumer Price Index showed that gas prices were up 44% (on an unadjusted basis) in the 12 months ended in April, and the national average is currently hovering around $4.52 a gallon.

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