Europe Hits Putin Where It Hurts - WSJ Opinion
It’s also notable that Europe went ahead with oil sanctions despite quiet lobbying by the U.S. in favor of an alternative tariff proposal. The Biden Administration is worried about the impact of withdrawing Russian crude from the world market on gasoline prices and the November elections.
Gross.
But the White House could help itself and the world on that score if it ceased its political and regulatory war on fossil fuels. One of the many mysteries of this Presidency is why Mr. Biden has responded to the Ukraine invasion by pressing for more oil production everywhere but in the domestic U.S.