What The Keystone XL Pipeline’s Developer Just S
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It is no significant shock that there is a crisis at the gas pump that has been worsened by the Russian intrusion of Ukraine.
The greater gas costs have actually pressed Americans to ask for the resumption of the controversial Keystone XL pipe, however, those calls may be nothing even more than some wishful thinking. And now we know that Biden knew that all along.
Initially, when Biden took office, the first disastrous thing that he did was terminate the Keystone XL pipeline permit that President Trump had opened.
Soaring gas costs elevated hope the Biden-Harris regime may revisit the choice to mothball the project.
When Alberta Premier Jason Kenney stated the economic press at pumps might be eased if the job was rebooted, the movement picked up more steam on March 14th.
“We could turn this around in less than a year,” he said. His comments came as crude prices surged to almost $140 a barrel.
However, it does not appear to be an option any longer.
TC Energy, the Canadian developer behind the Keystone XL project, doused the flickering idea of the project ever getting back up and running with a deluge of frigid water, on Tuesday, explaining to the Washington Examiner:
“The Keystone XL pipeline project was terminated in June 2021 and will not proceed.”
Here is more from The Washington Examiner:
“If Keystone XL were to restart, it would mean rehiring workers, buying back pricey equipment, setting up housing, dealing with environmentalists opposed to the drilling, and getting small businesses burned by Biden’s decision to agree to reinvest in virtual ghost towns.
Even if all of the obstacles were removed, it’s unlikely XL would do anything to ease the sticker shock many drivers currently see at the pumps.
The United States has slapped a list of sanctions on Russia in response to its unprovoked invasion of Ukraine but, until this week, had avoided targeting the country’s oil sector out of fear it would cause crude prices to spike.
Biden’s announcement he would ban the import of Russian oil and gas did just that. However, the White House claims high gas prices are Russian President Vladimir Putin’s fault and could be brought down by gas companies should they choose to do so.
Russia is the world’s third-largest oil producer and is responsible for 10% of global supply, according to U.S. Energy Information Administration data.
Republicans have called on Biden to increase domestic oil production.
“The challenge is that President Biden still won’t say ‘yes’ to American energy because to replace that Russian oil is the real critical step,” House Republican Whip Steve Scalise told the Wall Street Journal. “The answer is right below our feet.”
The president, though, showed no signs of reversing course.
“This crisis is a stark reminder that to protect our economy over the long term, we have to become energy independent,” Biden said. “Loosening environmental regulations or pulling back clean energy investment won’t lower energy prices for families.”
If that does disappoint you and display just how much contempt Joe Biden and the left has for the American people, what will?
The leftists willingly and knowingly shot our nation in the foot and we are not just proverbial screwed, but literally too.
https://patriotunitednews.com/what-the-keysto...nd-evil-3/