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The Biden Administration Finally Admits to Making a Mistake by Cancelling the Keystone XL Pipeline, But Way Too Late

One key thing that the Biden administration did after it came into office was to stop the Keystone XL pipeline approval that the previous president, Donald Trump, had put in place.

President Joe Biden, who was driven by his personal hatred of Trump and under the influence of far-left environmentalists, made the move without giving a second thought to the energy independence and jobs Americans desperately need. The results of this action, as we've seen throughout the past few months, have been devastating. We now know that the Biden administration knows all about them. They're just afraid to make the situation clear.

Via Fox News:

“The Biden administration published a congressionally mandated report highlighting the positive economic benefits the Keystone XL Pipeline would have had if President Biden didn’t revoke its federal permits.

“The report, which the Department of Energy (DOE) completed in late December without any public announcement, says the Keystone XL project would have created between 16,149 and 59,000 jobs and would have had a positive economic impact of between $3.4-9.6 billion, citing various studies. A previous report from the federal government published in 2014 determined 3,900 direct jobs and 21,050 total jobs would be created during construction which was expected to take two years.”

However, it's not just about the jobs. This could have had a significant impact on the quantity of crude oil that was imported into the United States, which may have been a way to alleviate the energy crisis that we experienced in 2022 and is currently spiking yet again:

“Keystone XL had been slated 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.

[…]

“‘The Department of Energy finally admitted to the worst-kept secret about the Keystone Pipeline: President Biden’s decision to cancel the Keystone XL Pipeline sacrificed thousands of American jobs,’ [Sen. Jim] Risch said Thursday.

“‘To make matters worse, his decision moved the U.S. further away from energy independence and lower gas prices at a time when inflation and gas prices are drastically impacting Americans’ pocketbooks,’ he added.

“‘The president must turn to American-made energy and jobs rather than dictators and despots to fix the energy crisis he created on his first day in office.’”

This American energy crisis has had a huge effect on the financial stability of American residents, who were already facing higher costs across all sectors. Even though the most recent Consumer Price Index (CPI) report shows an improvement in inflation, the main reason for this is due to the price of energy dropping. Although this may seem like an improvement, the prices remain much higher than they were before Biden took office. And even more troubling, they're increasing again.

The average national price for gasoline is currently slightly more than 30 cents higher than what it was a month ago, as per the AAA (American Automobile Association).

RealClearEnergy has stated that it's not just that the Keystone XL pipeline decision has made things worse, but that the left has made several policy decisions that have caused harm to Americans.

“Two years into sowing its Green New Deal policies, the administration is reaping a bitter harvest. Due to Biden’s folly, oil, natural gas and electricity prices have more than doubled in just a single year. Meanwhile, more than 28 percent of Americans abstained from purchasing food or medicine to pay an energy bill in 2021. And now, the misnamed Inflation Reduction Act includes wind and solar spending that will cost Americans $369 billion.

“If the president and his Democratic allies in Congress refuse to heed lessons from the past, they have a rare opportunity to view an even more desperate future of what will certainly come to pass by staying on the same irresponsible course.”

We can see the outcomes of these policies across Europe, where a number of countries have not only struggled to meet their commitments to cut down on fossil fuels but have actually reversed them (and with no increase in their carbon emissions).

The Democrats have caused harm to Americans through their policies, which is why this Department of Energy report suggesting that they made an error (even when they don't directly declare that they did) is a signal that they are aware of this fact. But even if they are aware of it, it doesn't mean that they'll change their minds and their course.

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