Biden, Putin or Big Oil: Who is to blame for high gas prices?

Gas prices have become a hotly debated partisan issue in Washington, D.C.:

  • Biden and his party blame the ongoing war in Eastern Europe and a resulting ban on Russian oil imports. The Democrats also blame oil companies who they accuse of prioritizing profits over the well-being of the American people.
  • Republicans point out that oil prices were on the rise even before the Russian invasion of Ukraine and instead blame the president’s energy policies, arguing they have hindered the oil companies from being able to ramp up production and drive down prices.

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