Surging Energy Prices Plague the Biden Administration
As the Russian invasion of Ukraine rages on, the Biden Administration has discussed potentially issuing sanctions on Russia’s oil and gas industry. Seeing that Russia is a key energy source for the U.S., how could current geopolitical tensions, alongside pre-existing inflation, affect the prices Americans see at the gas pump? Senior energy market analyst and Fox Business contributor Phil Flynn joins the Rundown to discuss the impact imposing energy sanctions on Russia could have on America, why tapping into the U.S. Strategic Petroleum Reserve is not enough to regain control of the oil market, and how the current spike in oil prices could possibly lead to a recession.
Project Dynamo was originally created with the goal of rescuing Americans who were stranded in Afghanistan following the Taliban’s 2021 takeover. Now, the organization has been focusing its efforts on aiding Americans and allies flee the chaos of Ukraine amid Russia’s invasion. Bryan Stern, a retired Navy officer and one of Project Dynamo’s co-founders, joins to discuss his recent missions, the challenges of rescuing Americans abroad in war-torn areas, and the strength and bravery exhibited by Ukrainians determined to fight for their country.
Plus, commentary by Guy Benson, host of ‘The Guy Benson Show.’