President Biden Blames Russia And Oil Companies For High U.S. Gas Prices

Daily Mail: Biden blames COVID AND Putin for soaring gas prices, admits it's 'hard to tell' when they will go down and says Americans will save $80 a month if they buy an electric car as he unveils plan to reduce pain at the pumps

* President Biden announced the release of 180 million barrels of oil over six month from the Strategic Petroleum Reserve later on Thursday

* He said record high gas prices had two roots: the pandemic and Putin's war

* He will also ask Congress to impose fees on oil and gas companies that lease federal land but are not using permits to produce energy

* And he will use the Defense Production Act to accelerate switch to electric cars

* The White House has been desperately looking at ways to lower fuel prices

* Oil prices have surged since President Putin invaded Ukraine

* At the start of the year the price of a gallon was about about $3.30, while today it is averaging about $4.22

* It would be the largest release in the near 50-year history of the SPR

President Joe Biden said Thursday that record gas prices were caused by the pandemic and Vladimir Putin's war in Ukraine as he unveiled a two-pronged plan to increase supply and reduce demand.

He announced he would release a million barrels of oil per day from the nation's strategic reserve for the next six months and accelerate the switch to electric vehicle.

Read more ....

Update #1: Biden blames Putin for high gas prices (Washington Times)

Update #2: Biden to tap oil reserves, press oil sector to hike production (Politico)

WNU Editor: Of course they will not .... White House won’t name oil and gas companies it’s blaming for high prices (FOX News).

I have a question. Is President Biden's reasons for high gas prices working? You tell me.

from War News Updates https://ift.tt/MCbtvms
via IFTTT

Comments

U.S. Army Conducts Gunnery Exercise With Latest Air Defense System Sgt Stout.

U.S. Army officials confirmed that a live gunnery exercise at Fort Hood, Texas, is underway, featuring the latest-generation Sgt Stout short-range air defense system. The drills mark a significant step toward full operational integration as units across the force adapt to evolving threats from drones, rotary-wing aircraft, and low-flying munitions. It matters because Sgt. Stout enhances the Army’s ability to defend forward-deployed troops and critical infrastructure from modern aerial threats. Read full Defense News at this link ... A U.S. Army SGT Stout SHORAD air defense vehicle maneuvers into firing position during live-fire training with the 6th Battalion, 56th Air Defense Artillery Regiment at Fort Hood, Texas, on October 3, 2025. (Picture source: U.S. Department of War) Read More from World Defence News https://ift.tt/NYmsS1n via IFTTT

US approves $45 Million Hellfire missile sale for Denmark's MH-60R Seahawk helicopters

On January 8, 2026, the United States approved a possible $45 million Foreign Military Sale to Denmark for AGM-114R Hellfire air-to-surface missiles and related equipment, likely for use on MH-60R Seahawk maritime helicopters. The proposed sale includes missiles, launchers, training assets, and logistical support. No additional U.S. personnel are required for implementation, as the package maintains interoperability with U.S. and allied forces, with no impact on U.S. defense readiness. Read full defense news at this link... Within Denmark’s current force structure, the aircraft most likely to use the AGM-114R is the MH-60R Seahawk maritime helicopter operated by the Royal Danish Air Force. (Picture source: US Navy) Read more... from World Defence News https://ift.tt/dJe2WNz via IFTTT

Raytheon Australia Integrates Sidewinder Missile With NASAMS Launcher to Strengthen Air Defence

On June 30, 2025, Raytheon Australia integrated Sidewinder Missile on NASAMS High-Mobility Launcher strengthening ground-based air defence capabilities. In a significant demonstration at the Woomera Test Range, the Australian Army’s 16th Regiment, Royal Australian Artillery, successfully fired the AIM-9 Sidewinder missile from a Hawkei High-Mobility Launcher, marking a world-first for this missile-platform pairing. This milestone underlines the growing relevance of adaptable, layered air and missile defence systems for Australia’s national security. Read Full Defense News at this link. The successful integration of the Sidewinder missile onto the NASAMS High-Mobility Launcher represents a tangible leap in Australia’s ground-based air defence (Picture source: Australian Army) from World Defence News https://ift.tt/XxVBQHy via IFTTT

MTQ News

Search This Blog