Biden Blames Putin for Gasoline Prices, Touts Higher-Ethanol Plan
- White House efforts to curb gasoline prices show little impact
- Biden’s team dubbing high inflation ‘Putin’s price hike’
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President Joe Biden blamed a four-decade inflation high-water mark on Russian President Vladimir Putin’s invasion of Ukraine as he touted his administration’s as-yet unsuccessful efforts to lower gasoline prices.
“We saw in today’s inflation data: 70% of the increase in prices in March came from Putin’s price hike in gasoline,” Biden said at a Poet LLC ethanol mill in Menlo, Iowa. “We need to address this challenge with the urgency that it demands.”