Barrasso: Putin's Aggression Is 'Funded by Energy' and Biden's Policies 'a Jackpot' - $100 a Barrel for Oil Is Possible if Russia Invades
John Barrasso (R-WY) argued that Vladimir Putin’s “aggression right now is being funded by energy, which is his cash cow and the Biden policies previously have been a jackpot for Putin that is funding all of these things.” And that if Russia invades Ukraine, energy prices will go up “and I think $100 a barrel is not out of the question.”.
Barrasso said, “So Putin’s — all his aggression right now is being funded by energy, which is his cash cow and the Biden policies previously have been a jackpot for Putin that is funding all of these things.So, I expect energy prices to go up if Putin invades and I think $100 a barrel is not out of the question.”