I am swallowing hard as I ponder what I want to say about this, but … here goes. I am ready to pay a lot more for motor fuel if a U.S. ban on Russian oil can bring an end to the war in Ukraine.
President Biden is set to announce a total cutoff of crude oil from Russia. The announcement will come later today, just as the president comes to Fort Worth to talk about veterans’ issues.
Gosh, do you think he’ll field any questions about the Russian oil ban? More to the point, do you think he’ll answer them?
The POTUS has been getting plenty of pressure to “do more” to make the Russians come to what’s left of their senses. The dictator Vladimir Putin has launched a full-scale, unprovoked, bloody and senseless attack on a sovereign nation at Russia’s doorstep. Oil revenue is funding this invasion. The United States happens to be a prime consumer of Russian oil.
President Biden is about to tell the world that the nation he governs is no longer going to purchase that fossil fuel. The consequence undoubtedly will be a continued spike in the price of petroleum products.
I am prepared to pay it if it helps bring an end to the bloodshed.