The Keystone XL pipeline was halted by the administrations of both President Obama and President Biden which critics, including one expert who spoke with Fox News, say only exacerbated the current predicament the United States faces as it continues to purchase oil from Russia as it invades Ukraine, a U.S. ally.
which critics, including one expert who spoke with Fox Business, say only exacerbated the current predicament the United States faces as it continues to purchase oil from Russia as it invades Ukraine, a U.S. ally.
Several Republicans across the country have disagreed with that assessment including South Carolina Sen. Tim Scott. "The United States imports nearly 600,000 barrels of oil a day from Russia—an amount that could have been made up for by the more than 800,000 barrels of oil the Keystone XL pipeline is capable of delivering each day if the Biden administration hadn’t stood in the way," Republican Sen. Tim Scotton Fox News this week.
"Keystone would have absolutely made a difference because it would have lowered the cost of Canadian crude to get to the markets that it needs to get to in order to be refined and shipped to be utilized here in the United States," Modglin said. "And so by canceling Keystone, it artificially raises the price of Canadian oil and allows for the Russians to undercut that.
"President Biden started off his administration by kneecapping America's ability to produce energy, and I think that that's a huge problem," Robinsonsupport for banning all Russian oil imports into the United States in order to cut off the revenue stream for Putin’s aggression in Ukraine.FILE PHOTO: A general view shows an oil treatment plant in the Yarakta Oil Field, owned by Irkutsk Oil Company , in Irkutsk Region, Russia March 10, 2019. Picture taken March 10, 2019.
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