Sen, Mike Braun is blaming the Biden administration for gas prices already heading up before the Russia-Ukraine situation.
He said in an interview on Fox Business Network, that the administration purposefully depressed the market a year ago. “They pulled the plug on the Keystone XL pipeline and they also quit the permits on federal land. So, it was two or three things that sent the signal to the marketplace that he’s not the friend of oil and gas,” said Braun.
Braun called the current spike in gas prices temporary, saying Russian oil does not have as much effect on the market as is perceived.