President Biden on Thursday warned Americans that they could be paying high gas prices for a while longer, saying that energy costs will remain high until Russia is driven from Ukraine.
Speaking at a press conference in Madrid, where he wrapped up a three-day summit of the North Atlantic Treaty Organization, Mr. Biden was asked how long Americans will be paying a premium for gas.
“As long as it takes, so Russia cannot, in fact, defeat Ukraine, and move beyond Ukraine,” Mr. Biden responded. “This is a critical, critical position for the world.”
Gas prices are expected to remain near record highs as Americans head into the July 4th holiday weekend, typically one of the busiest travel times of the year.