Biden warns prices will rise as U.S. bans Russian energy imports

President Biden announced a ban on Russian energy imports in a speech on Tuesday. CBS News senior White House and political correspondent Ed O'Keefe joins CBS News' Tanya Rivero and Lilia Luciano with more from the president's speech.

#News #Ukraine #RussiaUkraineCrisis

[sircasm]

This country is perfectly capable of being energy-independent. But this group doesn't want that, and we are paying for that.

[nickg]

i love when politicians tell us all to make sacrifices for the messes they created.

[robertcummings]

Haven’t energy prices been rising steadily since this administration took office!

[landscaperboy]

Man if only we were energy-independant and didn't have to rely on other countries for our oil, and natural gases, but that's a little to imaginative I mean can you imagine if someone could make that happen, he'd be like an American hero....

[GX]

Maybe just maybe *WE SHOULD USE THE OIL WE HAVE* and stop paying the people that hate us for theirs

[husafel]

Only 5% of oil we get is from Russia. This shouldn’t have price hike we are seeing at the pump!

[kylejensen]

“Cmon man! Can’t everyone just fork over an extra $60k in cash for an electric car?”

The Democrats are so out of touch with reality.

[roryburke]

As if he wasn't hated enough. He has to raise gas prices.

[Britty_]

I'm all in for fully supporting the Ukraine, but let's be honest...gas was record high before Russia was involved! Now Biden can use that as an excuse

[andrewnemchik]

soOoOo were just gonna pretend that gas didn't double long before this russia/ukraine thing was a thing? 😵

[aDawnofanrvday]

Why is it that stopping 10% of the oil coming in causes 200%+ worth of gas price increases?

[AP-wtyh]

Wouldn't ever expect less from such inconceivable incompetence.

[pauljames]

Welp America, this is the guy you wanted in office. Don't complain when he screws this country over

[gregscrabshack]

Greatest leadership I’ve ever witnessed. I have complete confidence in the potato & chief.

[ACasualCustomer]

"President Biden is a smart man"
How to lose credibility 101 😂

[capncrunch]

Ya lost me when you said "Biden is a smart man".

[UKPoliScience]

Funny how "Putin's price hike" started over a year ago.

[shaftwood]

"Not to worry. Inflation is only temporary. And by temporary, I mean permanent." -- Joe Biden

[isiahburns]

Let me get this right. We have 50 years worth of our own gas ⛽️ but stopping Russia 🇷🇺 energy is going to raise our prices. 🤔

[steveboo]

Yet he refuses to open the pipelines he closed in the US, because the democrats could care less, this has been their plan with raising prices for a long time.