Oil and gas prices are skyrocketing in the United States. Prices are rising day by day. And prices began to rise after an announcement by US President Joe Biden. Oil and gas imports from Russia have been banned and prices have risen. But because of this, Biden says differently to the angry Americans.
According to Sputnik, Biden is blaming Russian President Vladimir Putin for the rise in prices. Jack Rasmuss, a professor of economics and economist at St. Mary’s College and Santa Clara University in California, thinks this is Biden’s political strategy ahead of the US midterm elections.
Asked if he wanted to send a message to the United States about the rise in gas prices last week, US President Joe Biden said: “Gas prices are rising. We don’t have much to do now. Russia is responsible for the rise in prices.
Economist Jack Rasmus told the Russian news agency Sputnik News by telephone that Biden had nothing more to say than to make such accusations. Republicans and even some Democrats have pressured Biden not to buy oil from Russia. Which amounts to seven million barrels per day. If Biden had not stopped oil imports, these Republicans and Democrats would have blamed him for the deaths of civilians. So what else will Biden do? Now he has to play the blame game.
In the United States, the stock index fell 798 points last week. Gasoline prices are expected to exceed ১৩ 130 a barrel after sanctions are imposed on Russia. The White House has repeatedly blamed Putin for failing to blame the US government’s decision to cut gasoline prices. That is to say, raising the price of Putin.