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Jan 12, 2023 · The reason is because of the changes that have happened in the U.S. and Canadian oil markets since the pipeline was proposed. The report also had no definitive numbers on lost revenue but it did include several studies including a 2014 review from the State Department.
- Root of The Problem
- More Production, But Higher Costs For Americans
- Less Oil, Clean Energy Fans Say
It's important to understand what's contributing to the high prices of oil in the first place. Gregory Nemet, professor of public affairs at the University of Wisconsin-Madison's Wisconsin Energy Institute, pointed out that the cost of oil has steadily increased since last fall, when it was around $70 a barrel, to more than $130 last week before se...
Even if the pipeline was already built, it wouldn't help with the price at the pump, Nemet added, noting that the U.S. has already doubled its oil production over the last 15 years. "And yet, we still have $100 per barrel oil." With inflation soaring, gas prices have been increasing for months — hitting an average of $4.33 a gallonon March 11, acco...
By contrast, Mr. Biden's decision with the International Energy Agency to release 30 million barrels of oilfrom the nation's Strategic Petroleum Reserve puts downward pressure on gas prices in the short-term, Kieve said. The agency will release a total of 60 million barrels of crude to help ease some of the supply disruptions caused by the war Ukra...
Mar 15, 2022 · After more than 10 years of tenacious protests, drawn-out legal battles, and flip-flopping executive orders spanning three presidential administrations, the Keystone XL pipeline is now gone for...
Jan 27, 2021 · The reason we supported the pipeline is because these economic opportunities are few and far between, especially a big project like this.
Mar 18, 2021 · Here’s how the Keystone XL pipeline project ultimately failed, and why Biden and Trudeau’s “accelerated climate ambition” should include respect for Indigenous land rights and the end of...
Mar 11, 2022 · Mark Green. Posted March 11, 2022. More than a year after its cancellation by President Biden on his first day in office, the Keystone XL crude oil pipeline remains a flashpoint in a larger public debate over the impacts of his administration’s policies – on American energy security, consumer costs and even the Russia-Ukraine war.
Jun 11, 2021 · Attempts to build the the Keystone XL pipeline from Canada’s oil sands to the U.S. Gulf Coast have been abandoned after more than a decade of opposition from environmentalists, dropping oil...
