Biden admin quietly admits canceling Keystone XL Pipeline cost thousands of jobs, billions of dollars | Fox News
Category: News & Politics
Via: texan1211 • 3 years ago • 147 commentsBy: Thomas Catenacci (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.
But immediately after taking office in January 2021, Biden canceled the pipeline's permits, effectively shutting the project down.
"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," Sen. Steve Daines. R-Mont., said Thursday in a statement. "Unfortunately, the administration continues to pursue energy production anywhere but the United States."
"These policies may appeal to the woke left but hurt Montana's working families," he continued. "I'll keep fighting back against Biden's anti-energy agenda and supporting Montana energy projects and jobs."
The DOE was forced to issue the report after Daines and Sen. Jim Risch, R-Idaho, successfully inserted a bill mandating the report into the Infrastructure Investment and Jobs Act Biden signed into law in November 2021. The agency was required to publish the report within 90 days of the bill's passage but ultimately waited more than a year before releasing it.
In a statement Thursday, the DOE noted that the project would have had minimal permanent job impacts, but didn't mention the thousands of jobs that were estimated during the construction of the pipeline.
"The U.S. Department of Energy released a report evaluating existing analysis on economic and job effects of the XL portion of Keystone pipeline," the DOE told Fox News Digital. "It concluded there were limited job impacts, with approximately 50 permanent jobs estimated to have been created were the pipeline operational."
Biden's decision to cancel the pipeline has received widespread criticism from Republican lawmakers and energy industry representatives who have argued it would have helped keep gas prices down and ensure energy security.
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 project labor agreement that TC Energy signed in August 2020 with four labor unions promised the pipeline would create 42,000 American jobs and provide $2 billion in total wages.
TC Energy ultimately gave up on the project in June 2021 as a result of Biden's decision. Last year, a federal judge tossed a legal challenge from nearly two dozen states asking the court to reinstate the pipeline's permits.
"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," Risch said Thursday.
The Keystone XL Pipeline would have created up to 59,000 jobs and had a positive economic impact of up to $9.6 billion, according to the Department of Energy. (Jason Franson/Bloomberg via Getty Images)
"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."
The White House didn't immediately respond to a request for comment.
Thomas Catenacci is a politics writer for Fox News Digital.
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We should also consider how much this may have cost every energy consumer whether at the gas pump, heating their homes, or just how much these higher energy costs have driven inflation higher. It probably cost US Citizens Trillions even if it would only have lowered US energy prices 3%.
The only thing they "considered" was that the previous administration set this up so they had to take it down.
Well it was the same argument prior to the previous Administration
and the same misguided argument about "loss"
which led that Administration to kill the project in 2015.
So it's a democrat thing to kill jobs. Not that it's a surprise
No Jeremy, it's a leadership responsibility, at least that's what Reagan & Bush said
when they started the whole BRAC fiasco, not just killing jobs but whole communities,
towns and regions, killing historical military legacy and giving away prime real estate,
because supposedly we didn't need it anymore.
There is an existing Keystone pipeline,
and it has been determined several times before
that we did not need to build a shortcut across our best farms,
over the nation's largest aquifer
to help the Canadians save a little time & money
while the RISK remains solidly on US soil.
The Keystone Pipeline Is A Lemon. It Just Leaked Again for the 22nd Time | Pipeline Fighters Hub
The more beneficial phases of the pipeline from
Cushing OK to Nederland TX and Houston TX were built under a
Democrat Administration creating many of those temporary construction
jobs.
But don't let facts keep you from making wild sweeping generalizations.
Yo are correct. It was a leadership failure in 2015 and in 2021. Just as you stated. Just happens that in BOTH instances, democrats were those "leaders" and thousands of jobs were lost.
Don't let facts get in your way when spinning bullshit.
How ironic.
Companies in Alberta Canada would be the ultimate beneficiaries of any pipeline designed to take tar sands from Alberta Canada to Houston TX to be refined into kerosene products bound for China.
The only US Benefits might have been from the construction phase and the refining phase.
Refining Tar Sands Oil into kerosene would not have affected gasoline prices anywhere.
Meanwhile the risks would have overwhelmingly been borne by Montana, South Dakota, Nebraska and Kansas, the notorious "second leg" and TC Energy has had a long history of oil spills.
So the story is somewhat like complaining about not winning the lottery because one had not bought a ticket.
It avoided much more damage than it would have "benefited" the USA.
Existing pipelines have since been shown up to the task.
In America? Answer is ZERO. This is Canadian oil, going to the international market, just cutting across America's backyard to get there.
Here's a question for you. How much money will Biden be saving from the cost of cleaning up spills and leaks from this Canadian pipeline?
No, most of Alberta's bitumen is refined in the US after transport by pipeline, rail or marine capability.
Yes.
Canadian oil, taking up at least one of our refineries, to be sold internationally. America gets nothing from it except clean up costs.
The Keystone pipeline leaked in Kansas .
Keystone Pipeline Leaks 14,000 Barrels of Oil in Kansas
Keystone pipeline raises concerns after third major spill in five years
Since it is still moving by rail and OTR truck to US ports; and then heading to China and Europe. Not much.
See post 10.1.6 to see just some of the train derailments involving Canadian Tar Sand Oil; and the amounts involved. I am sure Buffet and Soros are thrilled with Brandon the Human Fuck Up Machine's decision.
Uh oh, his handlers aren’t gonna like that ....
Biden does this as the nimbys fight against Vineyard Wind and it's offshore power generation effort - a fight that goes back to Ted Killer Kennedy.
"Interesting' hit piece with zero links to the report but awash with links to the author's other opinions which by golly are a never ending wash, rince, repeat cycle. Not a good look fellas.
Canceling the Keystone XL Pipeline has no positive impact on the environment and might have a negative one:
Was there a link to this
I would take issue with the last two bullet points.
Do you think that the amount of oil sands refined in the US has declined instead of grown? If a additional pipeline isn’t available, truck and train is the only substitute.
Despite the current Keystone pipeline having been built exclusively to move bitumen products and TCEnergy's plans to try to double up the entire length of the pipeline capacity,
the current Keystone pipeline runs under capacity all of the time.
Truck and rail is unnecessary.
In the first quarter of 2022 they pumped 610,000 barrels per day.
In the second Quarter 2022 they pumped 622,000 barrels per day.
In November 2022 they pumped over 700,000 barrels per day as part of a test.
In December they returned to 622,000 barrels per day until 12/07/2022
when there was a major blow out in a field in Kansas which reportedly lost 660,000 gallons, probably more.
As previously stated elsewhere and acknowledged in the Federal report, there are only 138 refineries, and they don't need more pipelines.
If we built more pipelines to create more temporary construction jobs, how many truckers and railroad people does that put out of work permanently?
No good deed goes unpunished.
The report also enumerated how carriers and refineries worked together from 2010 to 2022 to convert underused pipelines by converting them to carry bitumen or reversing the flow of other products through existing lines.
Since we are now exporting domestic oil and natural gas, why do we need to bend over to Canada's wishes to help them get their exports to the international market?
At the same time, we are the ones that suffer when their pipeline leaks here
over and over again.
I wonder how many derailed tank cars or wrecked semi tanker trailers that represents. my nephew in houston has something to do with managing pipeline logistics for a major oil company. he's also a diehard republican. he told me keystone was unnecessary and only benefited a handful of investors.
TCE must have wanted to just waste money.
Corporations do it all the time under the guise of investment.
TCE now has easements all across the proposed path to sell or reuse.
Do some research. Pipelines cannot support all of the tar sand oil being shipped from Canada.
Rail is just so much safer./S I didn't even list all of the train derailments involving Canadian Tar Sand Oil. Just the ones at the top of my internet browser. I am sure I could dig an find more. Rail tanker cars are old; and haven't been well maintained. They are risky moving anything- much the less Canadian Tar Sand Oil.
Please, there is a shortage of truckers and rail workers.
Guess that blows your worry right out of the water. Easing the amount of tar sands transported by rail and OTR would free up a good portion of our supply chain capacity.
We need more refineries; but mighty mental midget Democrats have made it financially unfeasible to start up refineries; or bring ones that have been shut down back online due to government and environmental restrictions.
Especially when Democrats are in charge.
Instead of processing the Canadian Tar Sand Oil here; it is now going directly to China and Europe. It still passes through the US and gets loaded on overseas tankers to China and Europe- just watch for the next major train derailment involving them. If we are lucky it will take place in Canada.
Guess the US doesn't need the processing money (or the tax money gained from it). We are just providing the ports and loading facilities.
And our refineries don't need it. It's no good for gasoline, only kerosene which is exported to India and China.
Never said that but that is another reason that rail only accounts for 4% of all oil transport.
Maybe a shortage of people who want to work. There are 8 million people voluntarily out of work and 10 million job openings. including hundreds if not thousands of openings at CBP. Nobody wants those jobs regardless of the pay
Fine by me, just pay the tariffs on the way through, as I said we can only make so much kerosene here.
Yes, so much better than Kansas farmlands that the Keystone has ruined.
All covered gloomy Gus. No one skips payment regardless of which country is involved.
Oil Industry Taxes: A Cash Cow For Government | Tax Foundation
U.S. Energy Information Administration - EIA - Independent Statistics and Analysis
120122-Oil and Gas Tax Revenue (texas.gov)
The Union of Concerned Scientists must have got it wrong:
Bitumen is made of hydrocarbons—the same molecules in liquid oil—and is used to produce gasoline and other petroleum products.
What do those woke do gooder climate change believers know? lol
Bitumen - Production, Extraction, Uses, Prices and FAQs (vedantu.com)
What Is Bitumen Made From? – Bescord
Expense is what drives business, why bother turning a barrel of bitumen into 2 gallons of gasoline when you can take a standard 42 gallon barrel of light crude to produce 20 gallons of gasoline and 20 gallons of diesel fuel?
Bitumen depending on the grade can yield about 20 gallons of Deisel and 20 gallons of asphalt
Very few western Canadian refineries can refine Canandian crude and none of their eastern refineries which is why Canada needs US Mid West and Gulf State refineries.
Exactly, or the Encyclopedia Britannica:
However, most of the bitumen extracted from Canada’s oil sands is upgraded into synthetic crude oil and sent to refineries for conversion into a full range of petroleum products, including gasoline .
And BTW, we certainly don't need anymore asphalt.
India loves that stuff, every road, most shoes, roofing.
We need to outlaw asphalt shingles and go back to brick roads.
LoL, I hear you about shingles.
The future is in solar/ceramic roofing tiles, more or less permanent.
Certainly not as flammable.
People do like those quiet highways though.
Brick done well is more tolerable than cobblestones though.
I recommend you read the entire article.
This is truly the biggest news story on this site. The fact that this agency finally admitted, however tepidly, what Joe Biden did to the nation's energy production.
But you notice how many are trying to spin it to be something else?
I guess that is a personal opinion.
First there is no admission of anything.
Second, they repeated numbers from the Perryman Groups estimates 12 years ago
and this tepid board which included 7 Dems and & Republicans admits that those estimates were flawed
and current events render the economic impact inconclusive.
Third, not building this particular section, in their conclusions, affected production not at all.
it would be nice if someone around here would read the actual report and not the knuckleheaded
conclusions of Sen Daimes, repeated by every anti Biden site in the world.
12.23.22-KXL-Pipeline-Job-Loss-and-Impacts-on-Consumer-Energy-Costs-001245.pdf (senate.gov)
Now the sections that Obama permitted were very beneficial for Texas and the nation in general as far as
vastly improving the pipeline highways but he got zero press at the time, probably never will.