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Biden ‘begs’ OPEC, oil companies to produce more amid price surge, after slashing US production

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President Joe Biden is, once again, begging for oil.

Among the torrent of executive orders President Joe Biden signed on his first day in office was the canceling of the permit to continue construction of the Keystone XL pipeline. The pipeline would have run from the Gulf of Mexico up to and laterally across Canada, thereby furthering U.S. energy independence, a hallmark of the Trump presidency.

As of June 9th, the project is officially terminated (at least for now) having already killed thousands of jobs for seemingly no other reason than Biden’s proclivity for putting America last on the world stage, as evidenced by the fact that he later approved the Russian pipeline, Nord Stream 2, as well as the Arab Gas Pipeline that runs from Egypt to Hezbollah-controlled Lebanon, among other countries in the region.

Instead of relying on American land for U.S fossil fuel needs, he prefers to beseech foreign actors to remedy the self-inflicted U.S. oil shortage, namely the Organization of the Petroleum Exporting Countries (OPEC), to which the U.S. is not a party.

He’s also asked U.S. oil companies to simply pump more oil. Similar to his approach to the current supply chain and shipping woes the country faces, Biden’s answer is for people to just produce more and put in more overtime. Never mind the policies that come from the top.

Rob Schmidt put it rather succinctly on NewsmaxTV Thursday:

“What a brilliant plan by this White House: Pass a bunch of policies that arbitrarily skyrocket prices, and then beg for help to lower them.”

(Video: NewsmaxTV)

Average Americans feel the effects of senseless policies such as this at the gas pump. A report from CNBC says the average price per gallon is $3.24 across the U.S., a spike of over 40 percent in the last year alone.

Biden has already asked the OPEC nations to come to his rescue. In August, the White House released a statement to that effect, though it seems that foreign oil-producing countries aren’t exactly rushing to honor his requests.

A brief history of the Keystone XL Pipeline project:

September 29th, 2020

TC Energy and Natural Law Energy sign historic MOU facilitating one of the largest Indigenous equity investments of its kind in North American infrastructure

“TC Energy and Natural Law Energy (NLE) announced they have signed a Memorandum of Understanding (MOU) for NLE to pursue an equity interest in the Keystone XL Project and other potential related midstream and power projects. This MOU exemplifies the strong commitment TC Energy and NLE have made to create a meaningful and significant long-term partnership.”

October 28th, 2020

TC Energy awards more than $1.6 billion in American contracts to build Keystone XL

“Project to create over 8,000 union jobs in 2021. TC Energy Corporation has awarded more than US$1.6 billion worth of contracts to six major American union contractors to execute pipeline construction across 800 miles (1,287 km) in three states in the U.S. on the Keystone XL Pipeline in 2021.”

June 9th, 2021

TC Energy confirms termination of Keystone XL Pipeline Project

“Focus remains on continuing to meet the evolving energy demand today and in the future CALGARY, Alberta — June 9, 2021 — News Release — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) confirmed today that after a comprehensive review of its options, and in consultation with its partner, the Government of Alberta, it has terminated the Keystone XL Pipeline Project (the Project).”

Frank Webster

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