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Biden axing Keystone XL pipeline cost thousands of jobs, billions of dollars, Energy Department says

President Biden's cancellation of the Keystone XL pipeline that would have carried 800,000 barrels of oil per day from Canada to the Gulf Coast likely cost thousands of jobs and billions of dollars in economic activity, according to a new report from the Department of Energy. ....

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White House dismisses Keystone criticism as distraction amid rising gas prices

The Biden administration on Wednesday brushed aside the idea that the White House's decision to cancel the permit for the Keystone XL pipeline has fueled rising gasoline prices. ....

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White House dismisses Keystone criticism as distraction amid rising gas prices

The Biden administration on Wednesday brushed aside the idea that the White House's decision to cancel the permit for the Keystone XL pipeline has fueled rising gasoline prices. ....

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White House says no plans to restart Keystone XL pipeline amid soaring gas prices

The Biden administration will not resume construction on the Keystone XL pipeline, White House press secretary Jen Psaki said Wednesday.

"There are no plans for that," Ms. Psaki said of restarting construction. "It would not address any of the problems that we are currently having."

The pipeline would have brought as much as 700,000 barrels of oil per day into the U.S. from Canada. Republicans and some Canadian officials have called to restart construction on the halted project as the U.S. seeks to boost its oil supply and gas prices push toward $5.

Those calls have grown since President Biden on Tuesday announced a ban on Russian oil imports.

Ms. Psaki said the pipeline is merely a delivery mechanism and would do nothing to boost the U.S.'s supply of oil.

"It is not an oil field, so it doesn't provide more supply into the system," she said.

The Obama administration in 2015 pulled support for the project, c ....

United States , White House , District Of Columbia , Saudi Arabia , Jason Kenney , Jen Psaki , Tc Energy , President Biden , President Trump , B Politics , B Keystone Xl Pipeline ,

White House says no plans to restart Keystone XL pipeline amid soaring gas prices

The Biden administration will not resume construction on the Keystone XL pipeline, White House press secretary Jen Psaki said Wednesday.

"There are no plans for that," Ms. Psaki said of restarting construction. "It would not address any of the problems that we are currently having."

The pipeline would have brought as much as 700,000 barrels of oil per day into the U.S. from Canada. Republicans and some Canadian officials have called to restart construction on the halted project as the U.S. seeks to boost its oil supply and gas prices push toward $5.

Those calls have grown since President Biden on Tuesday announced a ban on Russian oil imports.

Ms. Psaki said the pipeline is merely a delivery mechanism and would do nothing to boost the U.S.'s supply of oil.

"It is not an oil field, so it doesn't provide more supply into the system," she said.

The Obama administration in 2015 pulled support for the project, c ....

United States , White House , District Of Columbia , Saudi Arabia , Jason Kenney , Jen Psaki , Tc Energy , President Biden , President Trump , B Politics , B Keystone Xl Pipeline ,