President Joe Biden on Tuesday pledged that his administration is using “every tool at our disposal” to limit the effect on gas prices in the US of sanctions he announced against Russia, acknowledging that Americans will likely see rising prices at the pump in the coming months.

However, Biden did not say what specific actions his administration plans to take to stabilize gas prices for US consumers – something any American president has a limited ability to do.

“As I said last week, defending freedom will have costs, for us as well and here at home,” Biden said. “We need to be honest about that. But