Russia crisis threatens to worsen Biden’s gas price problem

The crisis between Russia and Ukraine is expected to exacerbate what has already been a political headache for the Biden administration: high gasoline prices.

Biden himself in a speech on Tuesday mentioned energy prices and acknowledged the possibility of “consequences here at home,” saying Americans understand “defending democracy and liberty is never without cost.”

The president on Thursday said the threat of a Russian invasion against Ukraine is “very high” and Secretary of State Antony Blinken warned at a meeting of the United Nations Security Council that Russia “plans to manufacture a pretext for its attack.”