Joe Biden vows to shield Americans from gas price spike. That won't be easy
CNN
President Joe Biden, facing the risk of a destabilizing energy price shock, is promising to blunt the impact of rising energy prices on American families. But that won't be easy.
The Russia-Ukraine crisis has already helped lift oil and gasoline prices to levels unseen since 2014. Further sanctions on Moscow could drive pump prices closer to $4 a gallon.
Biden is bracing the public for just that, acknowledging on Tuesday that "defending freedom will have costs."
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