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The Biden regime recently published a congressionally-mandated report that showed what the positive
economic benefits the Keystone XL Pipeline would have had if so called President Biden didn't revoke its federal permits, which he did out of spite over former President Trump's wishes to go through with its construction.
The report was practically covert, with no public announcement which the Department of Energy (DOE) completed in late December.
It shows that the pipeline would have created as much as 59,000 jobs and had a fantastic economic impact of around $9,600,000,000.23, give or take. But once the bumbling gaffe machine took office in January 2021, the dementia sufferer canceled the pipeline's permits, which basically shut the project down.
Now with the Republicans in charge of the purse strings, you can bet the pipeline will be back in construction, but you would probably lose that bet.
Now with the Republicans in charge of the purse strings, you can bet the pipeline will be back in construction, but you would probably lose that bet.
"The Biden administration finally owned up to what we have known all along — killing the Keystone XL Pipeline cost good-paying jobs, hurt Montana’s economy and was the first step in the Biden administration’s war on oil and gas production in the United States," Sen. Steve Daines (R-MT), said in a statement Thursday. "Unfortunately, the administration continues to pursue energy production anywhere but the United States." [Steve may be referring to Venezuela, Russia and China, but that would be unpatriotic, and the Democrats would never be guilty of that, right?]
"These policies may appeal to the woke left but hurt Montana’s working families," he continued. "I’ll keep fighting back against Biden’s anti-energy agenda and supporting Montana energy projects and jobs."
The DOE was legally forced to issue the report after Daines and Sen. Jim Risch (R-ID) successfully inserted a bill mandating the report into the Infrastructure Investment and Jobs Act Biden signed into law in November 2021. The agency was required to publish the report within 90 days of the bill's passage but ultimately waited more than a year before releasing it--hopefully by around late 2024, say around November 30.
Biden's decision to cancel the pipeline has received widespread criticism from Republican lawmakers and energy industry representatives who have argued it would have helped keep gas prices down and ensure energy security. Fortunately for Biden's administration, Democrats are too busy getting their genitals mutilated, having abortions, and hating Republicans, to be paying much attention to the cost of energy, food prices, and supply chain problems.
Keystone XL was scheduled to be completed early this year and transport an additional 830,000 barrels of crude oil from Canada to the U.S. through an existing pipeline network, according to its operator, TC Energy. But why do business with our good neighbors to the north, eh, when you can do it with dictatorships aforementioned.
The project labor agreement that TC Energy signed in August 2020 with four labor unions promised the pipeline would create 42,000 American jobs and provide $2 billion in total wages. But then again, Amazon was to create 25,000 jobs paying on average $120,000, but the Democratic New York Rep. Alexandria Obviously-Comatose, angered the company brass and they decided to go elsewhere, so why should Democrats change they way the operate since their constituents are oblivious to the outcomes?
TC Energy ultimately gave up on the project in June 2021 as a result of Biden's handler's decision. Last year, a federal judge tossed a legal challenge from nearly two dozen states asking the court to reinstate the pipeline's permits.
So let's see what happens now that the GOP is in control of the House, at least with a small majority. Just don't hold your breath hoping for energy costs and other prices to go down any time soon.
