BRITTANY M. HUGHES | JANUARY 5, 2023
The Biden administration is finally fessing up to slaughtering tens of thousands of jobs and costing the economy billions in a quietly-released December report that no one noticed amid Congress passing trillion-dollar-plus spending bills that lavished millions on things like wax museums and hiking trails.
While Americans were wrapping up their Christmas shopping and taking out loans to buy eggs and butter for their holiday cookies, Biden’s Department of Energy released, without any fanfare at all, a report that acknowledged the Keystone XL Pipeline, a Trump-greenlit project canceled by President Joe Biden on his first day in office, would have created nearly 60,000 jobs and added almost $10 billion to the economy.
And that’s to say nothing about the individual impact on average Americans’ wallets thanks to what would have been increased energy independence.
Related: Killing Keystone: How Biden & The Left Destroyed American Energy Independence
According to the report, which was finally pointed out by Montana Sen. Steve Daines, the Canada-to-U.S. pipeline funneling crude oil would have created up to 59,000 jobs and added $9.6 billion to the economy. As it was, about 11,000 current and planned jobs were lost when Biden caved to green-agenda hemp chewers and nixed the project in January of 2021. Had it not been canceled, the pipeline would have been completed by the beginning of this year and would have funneled about 830,000 barrels of Canadian crude oil to refineries in the U.S.
In the meantime, gas hit between $5 and $7 a gallon - and even higher in some states - last year before finally falling to more manageable prices, though the cost of goods and services remains high and inflation hovers about 7%.
The Biden administration is finally fessing up to slaughtering tens of thousands of jobs and costing the economy billions in a quietly-released December report that no one noticed amid Congress passing trillion-dollar-plus spending bills that lavished millions on things like wax museums and hiking trails.
While Americans were wrapping up their Christmas shopping and taking out loans to buy eggs and butter for their holiday cookies, Biden’s Department of Energy released, without any fanfare at all, a report that acknowledged the Keystone XL Pipeline, a Trump-greenlit project canceled by President Joe Biden on his first day in office, would have created nearly 60,000 jobs and added almost $10 billion to the economy.
And that’s to say nothing about the individual impact on average Americans’ wallets thanks to what would have been increased energy independence.
Related: Killing Keystone: How Biden & The Left Destroyed American Energy Independence
According to the report, which was finally pointed out by Montana Sen. Steve Daines, the Canada-to-U.S. pipeline funneling crude oil would have created up to 59,000 jobs and added $9.6 billion to the economy. As it was, about 11,000 current and planned jobs were lost when Biden caved to green-agenda hemp chewers and nixed the project in January of 2021. Had it not been canceled, the pipeline would have been completed by the beginning of this year and would have funneled about 830,000 barrels of Canadian crude oil to refineries in the U.S.
In the meantime, gas hit between $5 and $7 a gallon - and even higher in some states - last year before finally falling to more manageable prices, though the cost of goods and services remains high and inflation hovers about 7%.
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