DOE report on Keystone Pipeline
Posted: Fri Jan 06, 2023 9:22 am
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.
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.