IPP&T Magazine Online

U.S. voices grow louder to restart Keystone XL, increase Canadian oil imports

March 23, 2022   by Canadian Energy Centre

In a statement this week Saudi Arabia announced it will not accept responsibility for any shortages in the global energy markets.  

As President Biden awaits a return call from Crown Prince Mohammed bin Salman of Saudi Arabia to discuss production increases, a recent poll shows that 71 per cent of Americans think Biden should reverse his decision to cancel the Keystone XL pipeline, while 64 per cent believe Canadian production should replace Russian oil.   

Biden banned all Russian imports of oil and gas products amid the war on Ukraine. The U.S. bought 640,000 barrels per day on average of oil and petroleum products from Russia between July and December, according to the latest data from the U.S. Energy Information Administration.   

The Keystone XL pipeline would have had capacity to ship 830,000 barrels per day from Western Canada to the U.S. refineries, starting in 2023.   

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Instead of looking to America’s largest trading partner, Canada, to increase oil exports, the White House is turning to regimes like Saudi Arabia, Iran and Venezuela.    

Maintaining a secure and reliable supply of energy products has never been more important.    

US leaders continue to challenge the year-old decision to cancel the Keystone XL pipeline expansion project, calling for its reinstatement.   

Here’s what they had to say this week:    

House Whip Steve Scalise (LA) said: 

All Americans should ask – why won’t Biden unleash America’s energy industry? In his first days in office, the president killed the Keystone XL pipeline, which would have employed thousands of Americans and provided a crude oil source from Canada instead of Putin’s Russian crude. Democrats love to talk about how they are committed to reducing carbon emissions but fail to admit that the United States emits much less carbon to produce oil and natural gas domestically compared with the other countries that President Biden is begging to produce energy because we have much higher standards than those adversarial countries.   

Rep. Bob Latta (OH) tweeted 

Defending freedom is going to cost.” – @POTUS 

If only this admin had prioritized North American energy instead of canceling the Keystone XL pipeline, greenlighting Russia’s Nord Stream 2 pipeline & spending $17 billion on Russian-made energy – funding Putin’s attack on Ukraine. 

Rep. Matt Rosendale (MT) tweeted 

President Biden cancelled the Keystone XL pipeline on his first day in office, his administration has blocked permits for energy development, and any new onshore or offshore leases have yet to be issued. 

American’s are suffering the consequences of Biden’s anti-energy agenda. 

Rep. Debbie Lesko (AZ) tweeted 

According to the Biden Administration, canceling the Keystone XL Pipeline didn’t harm our domestic energy production and didn’t make us more dependent on Russia.

FACT CHECK: The Keystone XL Pipeline could have safely transferred over 800,000 barrels of oil each day!  

Senator Marsha Blackburn (TN) tweeted 

Actions speak louder than words, @JoeBiden. Open the Keystone Pipeline and make America energy independent again! 

(CEC)


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