DOE report on Keystone Pipeline

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ChuckGeb
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Joined: Thu Nov 21, 2013 2:46 pm

DOE report on Keystone Pipeline

Post by ChuckGeb »

Found Buried in the Weeds

The Biden administration published a congressionally mandated report from the U.S. Department of Energy (DOE) this week, highlighting the economic benefits that the nation could have reaped via the Keystone XL Pipeline — a project whose federal permits were revoked by President Joe Biden early in his tenure.

Biden's actions on the permits effectively brought the expansive project to a halt. The report from late December estimates that a working pipeline would have been worth plenty: some $9.6 billion in economic benefits, along with nearly 60,000 jobs.

"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," said Sen. Steve Daines, R-Mont., in a Thursday statement. He lamented what he described as a a squandering of rich economic opportunity and a staggering loss for working families.
dan_s
Posts: 34471
Joined: Fri Apr 23, 2010 8:22 am

Re: DOE report on Keystone Pipeline

Post by dan_s »

"Poor Leaders" do dumb stuff without doing their homework. Biden has none of the four most significant qualities that Good Leaders have.
Dan Steffens
Energy Prospectus Group
dan_s
Posts: 34471
Joined: Fri Apr 23, 2010 8:22 am

Re: DOE report on Keystone Pipeline

Post by dan_s »

Other political stuff:

Nation’s oil reserve destined to remain partisan cudgel. E&E News.
The Strategic Petroleum Reserve is poised to have another starring role in national politics this year. House Republicans have made clear that one of their top energy priorities will be restricting drawdowns. Incoming Majority Leader Steve Scalise (R-La.) scheduled two bills on the issue for consideration early in the session. That has Democrats rolling their eyes. Even though Republicans say their legislation and oversight should generate bipartisan support, Democrats see the agenda as evidence of Republicans going on the attack as they prepare to take over the House. Last year, the GOP repeatedly accused President Joe Biden of releasing oil from the reserve in a misguided bid to lower gasoline prices ahead of the midterm elections. They said Biden’s releases — many of them previously mandated by law — left the reserve at its lowest level in decades.

What McCarthy alternatives mean for energy, climate policy. E&E News.
If not Kevin McCarthy, then who? The question has plagued House Republicans as they struggle to overcome a conservative blockade against the California Republican’s bid for speaker. Here’s a look at who has the potential to emerge in a post-McCarthy leadership vacuum and how their energy and environment credentials may play into their bid: If the next speaker comes from the leadership ranks, the obvious choice is the current No. 2 House Republican, incoming Majority Leader Steve Scalise of Louisiana. A Scalise speakership could give energy issues a major platform. He has, until this point, maintained his membership of the Energy and Commerce Committee. In 2019, he re-launched a lapsed House Energy Action Team — a messaging apparatus for the Republican Conference to communicate its work on energy issues and combat the climate policies championed on the other side of the aisle. Most notably, however, the Louisianan approaches energy policy as a fierce advocate for his home state’s ties to the oil and gas industry.
Dan Steffens
Energy Prospectus Group
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