White House: Discussions on Russian Oil Imports Are Ongoing

The transcript discusses the President's focus on imposing economic consequences on Russia due to its invasion of a sovereign country, while minimizing the impact on gas prices in the US. It highlights ongoing discussions about banning oil imports from Russia, the significant role of Russian oil in Europe, and the US's historical import levels. The President is committed to reducing the impact on Americans, coordinating with global partners, and considering domestic options to stabilize the market.

What is the primary focus of the President regarding the oil import ban from Russia?

• To increase oil imports from other countries

• To stop all oil imports to the United States

• To impose economic consequences on Putin while minimizing gas price impact

• To negotiate directly with Russian oil companies

How much oil did the United States import from Russia daily in 2021 before the invasion?

• 1 million barrels

• 2 million barrels

• 500,000 barrels

• 700,000 barrels

What percentage of Europe's oil imports come from Russia?

• A quarter

• Half

• About a third

• Two-thirds

What action has the President taken to address the oil supply issue?

• Banned all oil imports

• Negotiated a new trade deal with Russia

• Increased domestic oil production

• Released oil from the Strategic Petroleum Reserve

What is the purpose of the President's discussions with global oil producers?

• To mitigate the impact of the invasion on oil supply

• To increase oil prices

• To form a new oil cartel

• To stop oil production