With the high oil/gas prices and the goal of less use of Russian oil ?
The West Virginia Democreatic Senator has implored the American Presiddnt to reconsider and reopen the oil pipeline from Canada…
This is bound to further infuriate enviromentalists and those in the MidWest against the project….
The war in Ukraine underlines the need to reduce global dependence on Russian oil — and the canceled Keystone XL oil pipeline could help in that effort, says U.S. Senator Joe Manchin.
“The XL pipeline is something we should have never abandoned,” the Democratic senator from West Virginia said in a press conference Tuesday in Alberta. “Now we wish we had it.”
Russia’s invasion of Ukraine has elevated governments’ focus on energy security. Many countries have moved to find resources elsewhere since the war began.
Joe Biden, who campaigned on an ambitious climate platform, canceled the Keystone XL pipeline mere hours after the start of his presidency. The project was under construction when Biden revoked its presidential permit. It would have transported more than 800,000 barrels of oil a day.
Manchin, who discussed a North American energy alliance with Alberta Premier Jason Kenney, suggested that the project could still be revived….
US gas and oil prices have been declining in the recent weeks and some analysts are worried that when the oil from the American security reserves hit the US gas stations and oil depots?
The price of the two will bottom out for a while until the reserves run out and prices see/saw back up….
That would be a temporary bonus for consumers, but in the long run might piss them off right befor November’s midterm elections…