Biden to be greeted in Texas with near-record gas prices

When he travels to Texas Tuesday, President Biden shall be greeted with near-record fuel costs because the Russia-Ukraine struggle stretches right into a thirteenth day.

Earlier than he leaves Washington for Fort Price, Biden is anticipated to announce a ban on Russian oil imports to america.

Individuals are experiencing the best fuel costs because the 2008 monetary disaster, with the nationwide fuel worth common reaching greater than $4 per gallon – the best common thus far, in response to AAA.

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The earlier document was $4.103 set through the monetary disaster in 2008, in response to information from GasBuddy.

As of Tuesday, the typical worth per gallon of fuel in Texas, in response to AAA information, is $3.855, simply just below the nationwide common of $4.173. And in response to Gasoline Buddy, the most affordable worth for a gallon of unleaded fuel in Fort Price on Monday was $3.59. 

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The common in Texas for normal unleaded falls slightly below its record-high of $3.985 in July 2008.

The administration has confronted bipartisan stress to ban Russian oil and enhance home vitality manufacturing. Ukraine President Volodymyr Zelenskyy, on Monday, referred to as for “boycotts” of Russian oil imports to the U.S. and European nations.

On this March 8, 2022, picture from video offered by the Ukrainian Presidential Press Workplace and posted on Instagram, Ukrainian President Volodymyr Zelenskyy speaks in Kyiv, Ukraine.
(Ukrainian Presidential Press Workplace by way of AP)

A Biden administration official instructed Fox Information on Tuesday {that a} choice on a attainable ban of oil imports from Russia to america is “imminent.” White Home press secretary Jen Psaki stated Monday stated that “no choice has been made at this level.”

Russia is the third-largest producer of oil on this planet, however the impression to U.S. oil imports can be “minimal” in comparison with allies, administration officers instructed Fox Information.

Russian oil exports account for about one third of Europe’s oil imports, nonetheless, for america, Russian exports are slightly below 10% of U.S. total imports.

“We’re additionally very nicely conscious, as we’re having these conversations and as we’re consulting with our companions, that there can be—that we’ve completely different capacities and capabilities,” Psaki stated.

Democrats and Republicans in Congress have additionally stated it could be time for a ban on Russian imports.

BIDEN ADMIN SAYS ‘NO DECISION HAS BEEN MADE’ ON POSSIBLE BAN OF RUSSIAN OIL

Republicans and reasonable Democrats alike are calling for the ramping up of American vitality manufacturing, with GOP lawmakers criticizing the Biden administration for shutting down U.S. oil and fuel pipelines.

President Biden clears his throat as he broadcasts new steps requiring authorities to purchase extra made-in-America items throughout remarks within the Eisenhower Government Workplace Constructing’s South Courtroom Auditorium on the White Home in Washington, March 4, 2022.
(REUTERS/Evelyn Hockstein)

When requested about potential congressional laws to ban Russian oil imports to the U.S., and whether or not the president would signal such laws into regulation, Psaki quipped: “Is a invoice on its approach over right here that’s handed Congress? I don’t assume so.” 

“The president has not decided at this time limit,” she stated. “In order that’s the place we stand.”

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Biden is touring to Fort Price with Secretary of Veterans Affairs Denis McDonough to talk with VA well being care suppliers about addressing the well being results of environmental exposures comparable to burn pits. He will even obtain a briefing on major care and specialty well being providers for veterans.