Revoked Keystone Pipeline Permit Kills Jobs
We all saw this coming with a Biden administration. Democrats in love with the farfetched Green New Deal would go after anything they could convince their followers was environmentally unfriendly, even if it means killing jobs and an economy.
On day one of his presidency, Joe Biden took steps to kill off the Keystone XL Pipeline by revoking its permit by way of executive order. Republican senators from states directly affected by the order quickly rebuked it.
Senator Steve Daines (R-Mont.) said in response to Biden’s order "It’s only day one, and with the stroke of a pen, Biden has already taken steps to kill American energy projects like the Keystone XL Pipeline which is critical to energy producing states like Montana," he said. "This project will create thousands of jobs, generate tax revenue for local communities, promote North American energy security and independence, and it is the safest and most environmentally friendly way to transport oil."
The executive order claimed that “the Keystone XL pipeline disserves U.S. national interest.” It continued, "the United States and the world face a climate crisis. That crisis must be met with action on a scale and at a speed commensurate with the need to avoid setting the world on a dangerous, potentially catastrophic, climate trajectory."
The pipeline actually does quite the opposite of disserving U.S. national interest. For the first time, the U.S.became a net exporter of petroleum in September 2019 and is projected to become a net exporter of crude oil, making the U.S. finally energy independent of the rest of the world, especially the Middle East.
Alberta Premier Jason Kennedy put it perfectly in a statement he released on Sunday about the incoming Biden administration. He said revoking the permit “would kill jobs on both sides of the border, weaken the critically important Canada-U.S. relationship, and undermine U.S. national security by making the United States more dependent on OPEC oil imports in the future.”
A project 10 years in the making, the Keystone XL Pipeline would support 11,000 U.S. jobs in 2021 (including 8,000 union jobs) and produce $1.6 billion in gross wages. The pipeline was planned to transport up to 830,000 barrels of crude oil per day over 1,2000 miles, from Alberta, Canada to Nebraska. Currently, the existing stretch of pipeline transports oil from Alberta to Illinois and Texas.
The Biden administration has still been unclear about how they will address the loss of thousands of jobs and billions in wages, but their clean energy infrastructure plan claims it will produce millions of jobs. In comes the multi-trillion dollar Green New Deal that has barely anything to do with the environment.