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Biden's DUMB Quote of the Day - March 8th, 2022... - Laugh Funny Quote Of The Day For Work
Per CNBC: President Joe Biden on Tuesday announced the U.S. will ban imports of Russian oil, a major escalation in the international response to Moscow's invasion of Ukraine. The move came as Western-allied nations work to sever Russia from the global economy to punish Russian President Vladimir Putin for his unprovoked aggression. "Today I am announcing the United States is targeting the main artery of Russia's economy. We're banning all imports of Russian oil and gas and energy," Biden said at the White House. "That means Russian oil will no longer be acceptable at U.S. ports and the American people will deal another powerful blow to Putin's war machine." "This is a step we're taking to inflict further pain on Putin," Biden said. The United Kingdom announced its own restrictions on buying Russian oil imports just before Biden spoke, saying it will phase out the country's imports by the end of the year. The European Union earlier Tuesday morning unveiled a plan to wean itself off of Russian fossil fuels. "We simply cannot rely on a supplier who explicitly threatens us," European Commission President Ursula von der Leyen said in a press release announcing the plan. The White House said in a fact sheet that Biden will sign an executive order banning Russian oil, liquefied natural gas and coal imports to the U.S. The ban on new Russian oil contracts "is immediate," a senior Biden administration official told reporters later Tuesday. No new contracts will be allowed, and existing contracts for Russian oil must be phased out within 45 days, the official said. Ukrainian President Volodymyr Zelenskyy applauded Biden's move on Twitter later Tuesday. "Thankful for US and @POTUS personal leadership in striking in the heart of Putin's war machine and banning oil, gas and coal from US market," he said in a post. "Encourage other countries and leaders to follow." The U.S. imported about 672,000 barrels a day from Russia in 2021, according to figures from the Energy Information Administration. That amount makes up roughly 8% of the total U.S. imports of oil and refined products. Most of the country's crude oil and petroleum imports come from Canada, Mexico and Saudi Arabia, making the U.S. far less dependent on Russian oil than many of its European partners. The news of the ban, confirmed to CNBC by two people familiar with the matter before Biden's speech, sent oil prices soaring Tuesday morning. Joseph Robinette Biden Jr was born on November 20, 1942 and is an American politician and a member of the Democratic Party. Biden served as the 47th vice president during the Obama administration from 2009 to 2017. He represented Delaware in the United States Senate from 1973 to 2009. Biden studied at the University of Delaware before earning his law degree from Syracuse University in 1968. He became the sixth-youngest senator in American history when he was elected to the U.S. Senate from Delaware in 1972, at the age of 29. Biden was a longtime member of the Senate Foreign Relations Committee, and eventually its chairman. He ran unsuccessfully for the Democratic presidential nomination in 1988 and again in 2008. Biden has been known throughout his career for making odd remarks and producing strange gaffes and it makes for good satirical fun. Please help me to continue bringing you videos by supporting my sponsor at the Hero Soap Company!!! - - **Enter Promo Code "BURG" for 10% off your order** Hero Soap is owned by veterans and gives a portion of their profits back to veterans and you get an awesome product in the process!!! Please visit my other videos and subscribe to my channel!!! - Contact Me: Gettr - @Mr_Burgandy Twitter - - - @misterburgandy Facebook - - Mr. Burgandy's Archive - - Mr. Burgandy 2.0 - - Music Credits: Artist: DJ Freedem Track: Getaway Powder
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