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White House spokeswoman Jen Psaki said President Biden had not lifted Russia’s energy sanctions “off the table” as pressure grew to reduce Russian oil imports amid Putin’s invasion of Ukraine.
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Psaki joined America’s Newsroom on Tuesday to discuss the Biden administration’s response to Ukraine’s crisis, as it relates to energy and moves the White House is still considering as the Russian attack continues.
“They have serious financial problems on the ground in Russia, which are affecting President Putin and the circle around him,” Psaki told co-hosts Dana Perino and Bill Hammer. “What he’s looking at, and we’re very aware of that, is minimizing the impact on global markets and the American people.
“So we have not removed the options from the table, including the one you mentioned, but this is something that the president is looking at very carefully,” she continued.
Psaki also mentioned that “a wide range of options remain on the table” when asked about the potential reopening of the Keystone XL pipeline to minimize energy dependence abroad, reiterating the president’s concerns about energy prices.
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“This Keystone pipeline will take years to influence prices,” Psaki said. “Obviously there are a number of reasons why the president opposes, but he didn’t work, he doesn’t work. It will take years. There are also 9,000 approved oil leases that are not used by oil companies. “
“So yes, we all want to take steps to deal with any increase in gas prices that affects the American people,” she continued. “But we need to be very clear about which policies will help and which will not.
Biden is due to deliver his first address on the state of the Union on Tuesday night, where he is expected to address the ongoing crisis in Ukraine.