Politics

President Biden announces ban on all imports of Russian oil and coal

President Joe Biden on Tuesday announced that the US would ban the import of Russian oil and gas, “targeting the main artery of Russia’s economy” in response to its invasion of Ukraine.

The president said he made the decision in consultation with European allies but added they may not be in a position to join the US immediately in banning Russian energy imports.

“Today I am announcing the United States is targeting the main artery of Russia’s economy. We’re banning all imports of Russian oil and gas and energy,” Biden said in remarks from the White House. “That means Russian oil will no longer be acceptable at US ports and the American people will deal another powerful blow to Putin’s war machine.”

The action follows pleas by Ukrainian President Volodymyr Zelenskyy to the US and Western officials to cut off the import of Russian oil and gas.

Europe, which is far more dependent on Russian energy than the United States, announced Tuesday a plan to cut gas imports from Russia by two-thirds this year, The Washington Post reported.

According to The Hill, as of last year, the US was importing nearly 700,000 barrels per day of oil from Russia, while it consumes about 20 million barrels daily.

Senator Rob Portman commended the Biden administration for agreeing to ban the importation of Russian crude oil, petroleum, petroleum products, liquefied natural gas (LNG) and coal into the US.

“I’m pleased the administration made this decision today because it is yet another tool that we can use to bankrupt President Putin’s economy and his war machine,” he said.

The move comes as gas prices are spiking in the US.

ARTICLE: PAUL MURDOCH 

MANAGING EDITOR: CARSON CHOATE

PHOTO CREDITS: THE GLOBE AND MAIL

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Paul, 37, is from Scotland in the UK, but currently lives and works in Bangkok. Paul has worked in different industries such as telemarketing, retail, hospitality, farming, insurance, and teaching, where he works now. He teaches at an all-girls High School in Bangkok. “It’s a lot of work, but I love my job.” Paul has an active interest in politics. His reason for writing for FBA is to offer people the facts and allow them to make up their own minds. Whilst he believes opinion columns have their place, it is also important that people can have accurate news with no bias.

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