MSNBC MSNBC Reports June 4, 2024 16:43:00
Backfiring. russia could simply choose to stop exporting oil. this is kind of a high-stakes game here. >> reporter: at the same time there's the arrival of cold weather and americans are bracing for higher heating bills, likely paying in the neighborhood of 50 to 100% more than last winter. >> a $90 bill a month to 360-some-odd dollars. >> reporter: it could be worse with many utility companies locking in much of their petroleum supplies when rates were lower. as for those price caps going into effect, the kremlin is still analyzing a response, but the backers of that decision will rue the day...