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Biden Permanently Kills Keystone XL Pipeline, Developer Abandons Project After Permit Pulled

Biden Permanently Kills Keystone XL Pipeline, Developer Abandons Project After Permit Pulled

Meanwhile, energy costs are fueling inflation and Russian oil will soon be flowing through its new pipeline.

https://www.youtube.com/watch?v=RCvELoL188g

When Biden entered office, he promptly nixed the Keystone XL Pipeline.

Afterwards, workers on the system protested the loss of jobs. Attorneys General from the impacted states explored their legal options.

Sadly, however, the economic impact of lost jobs and decreased gas production looks like it will be a hallmark of the current administration as the developer has now abandoned the project.

Canada’s TC Energy Corp. and the Albertan provincial government said Wednesday they would scuttle the Keystone XL oil pipeline project, bringing to an end a yearslong controversy over an effort to pipe more Canadian crude to the U.S.

The decision had been expected after President Biden used his first day in office to revoke a key permit for the pipeline to cross the country’s northern border, shutting down construction.

It is a victory for environmentalists who have campaigned to block new pipeline construction as a way to limit oil consumption that contributes to global warming.

Biden’s move was a slap in the face to Canada…which means the current adminiistration has managed to aggravate our neighbors to both the north as well as the south!

Alberta invested more than $1 billion in the project last year, kick-starting construction that had stalled amid determined opposition to the line from environmentalists and Native American tribes along its route.

Alberta officials said Wednesday they reached an agreement with TC Energy, formerly known as TransCanada, to exit that partnership. The company and province plan to try to recoup the government’s investment, although neither offered any immediate details on how that would happen.

“We remain disappointed and frustrated with the circumstances surrounding the Keystone XL project, including the cancellation of the presidential permit for the pipeline’s border crossing,” Alberta Premier Jason Kenney said in a statement.

The province had hoped the pipeline would spur increased development in the oil sands and bring tens of billions of dollars in royalties over decades.

Perhaps if Alberta declared itself to be part of Russia, this issue could have been resolved. Biden seems to have no problem with that nation’s oil-production projects. I guess the need for a clean environment stops at the North American border?

The Biden administration has decided to waive sanctions against the company overseeing the construction of Russia’s Nord Stream 2 gas pipeline to Germany, despite bipartisan opposition in Congress and appeals from Eastern European governments.

Republican lawmakers immediately accused the administration of handing Russian President Vladimir Putin a major political victory. Democrats urged the White House to reconsider, and the Kremlin called the news a “positive signal.”

In related news, gas prices are spiking across the country.

US gas prices hit their highest level in seven years during a busy Memorial Day weekend, as Americans traveled to meet up with friends and took much-needed vacations.

What’s happening: Data from GasBuddy shows gas in the United States is at its most expensive since 2014. AAA puts the national average at $3.05 per gallon, up from $2.90 one month ago and $1.98 a year ago.

The abandonment of the pipeline project may make eco-activists happy. However, some Biden voters are beginning to notice the consequences of the promised policy choices…and they are not happy.

But–hey–at least no mean tweets from Bad Orange Man.

I sense the Republicans are going to pounce, seize, and body-slam the Democrats during the mid-terms on these decisions.

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Comments

Brave Sir Robbin | June 9, 2021 at 9:13 pm

Iranian oil is apparently better than Canadian oil.

A side benefit is Warren Buffet not gets to charge for transportation of all this oil over his railroads. I assume the Big Guy gets his usual cut.

Jesus what an idiot

    I think not. More like WE are the idiots.

    Idiots, as spelled “G-O-P”.

    There can be no tolerance for ANY standard below Trump.

    UserP in reply to gonzotx. | June 9, 2021 at 10:37 pm

    No need to worry about oil. By this time next year we’ll all be driving electric cars. And if we get in another war perhaps we’ll be able to fly electric jets to bomb our enemies.

      UserP in reply to UserP. | June 10, 2021 at 1:50 am

      “No such thing as permanent.”

      Joe Biden’s dementia is permanent.

        n.n in reply to UserP. | June 10, 2021 at 4:11 am

        Permanent, eventually. Progressive (i.e. monotonic), clearly. Evolution from the “big bang” (i.e. conception) to a quantum singularity (i.e. Her Choice).

          UserP in reply to n.n. | June 10, 2021 at 12:20 pm

          “Progressive” I’m sure he’s taking the maximum amount of meds but they become less effective over time.

          “Big bang” Perhaps there will be a “big slip” on his trip and the whole charade will collapse.

        JusticeDelivered in reply to UserP. | June 10, 2021 at 5:02 pm

        Biden was born challanged, dementia only makes it slightly worse.

No such thing as permanent.

    The damage done here is generational.

    First in wealth lost and new debt imposed. Second on skilled labor to construct and apprentice on such projects.

    Who’s going to build them in the future, soy boys? Metrosexuals? Gender fluid wrecks? Millenials? Gamers?

      alohahola in reply to TheFineReport.com. | June 9, 2021 at 9:46 pm

      Good point. I do hold hope for those who were lucky enough to learn at home with great parents this past year–and for those who have parents who will only direct them to a trade school or an apprenticeship rather than help fund a college education.

        They’re not going to. There was an interview I saw with the contractor for the pipeline (I forgot the cite) and he stated most key employees took their retirement, or they died in the interim. No one has been training to take their place.

        Hence, a generational loss of skilled labor to build pipelines.

      Wait – I think blm and Antifa thugs and clowns will be able to contstruct pipelines in the future. Forgot about those geniuses and their great work ethic. That is, if they’re guided by the great Kamala Harris. If she’s not in Europe.

      TX-rifraph in reply to TheFineReport.com. | June 10, 2021 at 7:44 am

      That damage is the plan of the Democrat Party and their eGOP partners. It was Obama’s plan and still is.

So Biden effed up America, American workers, Canada, Canadian workers, The American economy, and the Canadian economy.

But he’s a useful idiot, playing patty cake with Putin, after falsely claiming Trump was.

Halcyon Daze | June 9, 2021 at 10:05 pm

It was Trump beholden to the Russians, though. Headdesk.

Ponder the infantile and self-congratulatory narcissism that underpins every single action and policy stance of the vile Dhimmi-crats — the Wall Street Journal article cited in the blog post mentions that Dotard Xi-den and his lackeys worried that approving the pipeline would undermine the U.S.’s environmental “credibility,” on the world stage. That’s what these dopes are more worried about than pursuing U.S. self-interest and creating jobs — kowtowing to, and, flattering, the globalist Leftists, their inflated egos and their fallacious sense of moral superiority.

DOUBLE SPEAK

War = Peace,
Unity = Weakness
Diversity = Strength
Inclusion = Exclusion
Unequal Opportunity = Equity
Anti-Racism = Racism
Follow Science = Forget Science
Justice = Inequity
Lies = Truth

The left is working off the Orwellian Script.
Yet, somehow they convince themselves that they are the smart ones.

    TX-rifraph in reply to Ben Kent. | June 10, 2021 at 7:48 am

    The Dunning–Kruger effect is a hypothetical cognitive bias stating that people with low ability at a task overestimate their ability.

    How smart does one need to be to believe the obvious lies of Marx?

henrybowman | June 9, 2021 at 10:23 pm

Is Secret Service friendly fire a thing?
Asking for an Irish ex-President friend.

The oil will still be pumped and will still move into pipelines. Those pipelines will likely be westward to Pacific terminals and then shipped to Japan and Taiwan and everyone’s favorite China.

So a propaganda victory for the ‘environmental movement’ that costs US jobs in the construction and maintenance of keystone.

    It’s worse than mere ‘costing of US jobs’. Junta America may have lost the abiltiy to build such pipelines. (See above.)

      alaskabob in reply to TheFineReport.com. | June 10, 2021 at 1:06 am

      The goal is just that…. kill off all ability to find, extract, transport, refine and use oil. The future for them is only “renewable”. The only question is what will be left to renew with.

      This is “Death to America” writ large.

    txvet2 in reply to CommoChief. | June 10, 2021 at 2:03 am

    Plus, of course, the oil will still move east via Buffett’s railroad, although Canada will likely lose another town or two.

      CommoChief in reply to txvet2. | June 10, 2021 at 9:25 am

      Sure and by rail and tanker truck Southward as it does now. The key points to me is that the environmental movement stopped the keystone but that doesn’t stop the extraction or transport or use of the oil.

      It just makes that delivery less safe while costing jobs. I don’t buy the ‘lost knowledge’ of building pipelines argument. Lose some capability in that labor force due to retirement and transition to other jobs? Sure. But if construction was resumed within a decade and salaries for experienced pipeline construction workers were set high enough then I believe many would return to pass on their knowledge.

    daniel_ream in reply to CommoChief. | June 10, 2021 at 9:36 am

    Nope. There’s a federally imposed ban on oil tankers off the B.C. coastline.

      CommoChief in reply to daniel_ream. | June 11, 2021 at 7:59 am

      For the moment. Though how much pressure from Western oil production provinces who already feel abused by the Federal Canadian government can Ottawa take?

      It isn’t that far fetched to imagine a few scenarios in which several Canadian provinces become either independent or join the US.

      The provisions made for Quebec separatists were not limited to the province of Quebec, they make it easier for every province to leave Canada.

healthguyfsu | June 10, 2021 at 12:11 am

Google Biden gas prices and you will find a small army of links just dutifully created and shared to defend him from any wrongdoing on our current fuel issues both domestic and international.

This is in spite of the fact that he’s frozen leases on domestic productions since taking office and killed the pipeline. He’s also not half the negotiator as Trump with the Arabian sources and definitely can’t even scare Russia into pretending they care what he has to say. He’s an absolute international disaster when it comes to anything but groveling and pretending like he has stood up to anyone.

To call this a fact check with a straight face means this useful little internet army lives in divorce from reality. Of course, let’s say in a scenario where Trump gets re-elected that this happens as the defensive army of “journahacks” says it would (note it wouldn’t…if for nothing else than because of the controls that the right would have put in to brake inflation). Do you think for an instant that any of these “fact checkers” would state the facts and defend him? No, they’d blame him and probably say he was doing it to line his own pockets.

    henrybowman in reply to healthguyfsu. | June 10, 2021 at 1:55 am

    “To call this a fact check with a straight face means this useful little internet army lives in divorce from reality.”

    When a significant portion of the population doesn’t know which restroom to use, this is not news.

High density, low mass energy sources (i.e. hydrocarbon fuels), and 50 shades of nuclear energy to be replaced by a low density, low reliability, and high cost Green intermittent/renewable production and blight on the environment and collateral damage. One step forward, two steps backward.

Canada will now have to sell that oil to China. That pipeline was intended mainly to be a beeline to US refineries for export to Europe. But it does have serious implications to our own energy independence. If our economy collapses, we may have to export our own oil (which we are too stupid to use) to China for income.

The Western economies will collapse if China strangles access to oil. So there is the “green economy” payoff, China, the biggest polluter in the world by far, has no intention to be “green”.

smalltownoklahoman | June 10, 2021 at 7:58 am

This stupidity is going to hurt our country for quite possibly decades. Worse yet it needlessly damaged relations with a nation we’ve long been friendly with, a nation that spent a considerable amount of their own time, money, and resources to get this done who will not soon forget what Biden did and by extension the U.S. itself. I imagine Canada will now be a whole lot more reluctant to engage in any cross border projects in the future with the U.S., even those dim’s and enviro”mental”ists may want to have happen.

    daniel_ream in reply to smalltownoklahoman. | June 10, 2021 at 9:43 am

    Most Americans really have no idea of the depth and savagery of the contempt for the US here in Canada. It pervades our media, our entertainment, and all our public institutions. It’s de facto government policy. The small number of people employed in cross-border or resource extraction industries know better, but they’re absolutely dwarfed by the urban elites.

    Believe me when I say the Canadian government is entirely happy with this result. The federal Liberals have been aggressively trying to kill off the domestic oil industry for years, and as TheFineReport pointed out by this point the damage is generational.

Dumb – that pretty much sums up the Bumbles Biden admin and his career in Congress.

Frank Hammond | June 10, 2021 at 10:50 am

Why didn’t the developers slip Hunter a few $$$Million? The project would have been immediately approved.

Did it actually damage relationships with the Canadian government, or just the Canadian people?

I got the impression the current government liked this sort of abuse. As I gather, they’ve pretty much completely shut down their lumber industry too.

Joey Williams | June 10, 2021 at 1:27 pm

It’s really amazing to see how Biden is being propped up on the gasoline price issue. IIf you Google “biden policies raise gas prices”, you’ll find that scads of “fact check” reports appear on May 25-26 that refute the notion that Biden had anything to do with rising prices. The sudden, simultaneous appearance of these articles, together with their amazing similarity, would lead one to believe in a vast, right wing left-wing conspiracy…..

2smartforlibs | June 10, 2021 at 2:48 pm

Yet BUYden backs his buddies in RUSSIA with the pipeline to Germany. I’m confused whos in bed with Russia?

Don’t think a Trump election will change this. The petroleum industry cannot recover for the same reason nuclear energy is dead. There is too much political risk for any long-term project, no matter how supportive the current President is. The EPA pretty much does what it wants no matter who is President, the progressive Federal courts slow-walk everything, both hoping a Democrat administration will appear and kill everything.

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