President Joe Biden on Thursday rejected Republican accusations that he is holding back production of oil in the United States amid a ban on Russian oil imports that is helping drive up the cost of gasoline.
In remarks to the winter meeting of the Democratic National Committee, Biden said Americans are feeling the pain at the pump from a spike in gas prices because of Russia's war on Ukraine but "they know that as painful as the price is today, the costs are going to be higher if we do not act now" against Russian President Vladimir Putin.
Biden blamed the spike on "Putin's price hikes" and that oil companies need no incentive to produce more. Democrats are searching for a way to hold on to control of the U.S. Congress in November congressional elections.
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