Biden Issues Last-Minute Order That Could Raise Gas Prices

President Joe Biden is making a change before he leaves the presidency that could saddle President-elect Donald Trump’s administration with higher gas prices.

He waited until now to enact new sanctions against Russia that are likely to raise prices at the pump as Trump prepares to take back the White House, and he would not answer questions about his reasons for it.

A reporter asked him at the press conferences why he waited so long to impose the sanctions, and did it right before Trump regained the presidency.

“Mr. President, you talked about gas prices coming down. You made today’s decision about sanctions against Russia. Are you concerned that that decision will perhaps lead to gas prices going up? And can you explain why those sanctions were imposed today and not earlier in the term?” the reporter said.

“The sanctions are imposed today because they will have a profound effect on the growth of the Russian economy and make it more difficult for Putin to conduct his wars,” the president said.

“It is probable that gas prices could increase as much as three, four cents a gallon. But what’s going to have a more profound impact on Russia’s ability to continue to act in the way it’s acting in a conduct of war,” she said.