A recent survey shows that there is a lot of interest in restarting construction on the Keystone XL Pipeline. This after President Biden banned Russian oil last week.
A public opinion firm surveyed more than 1,500 Americans and found 82 percent support the Russian ban. However, 71 percent believe that the most efficient replacement is to complete the Keystone Pipeline.
On his first day in the White House, President Biden canceled that line’s permit. The project would have pumped oil from Alberta through the Midwest to refineries on the Texas Gulf coast.
A study by the Department of State under President Trump found that it would not likely have a meaningful impact on domestic fuel prices due to the price connection to global production and consumption, but the Premier of Alberta says that Keystone would more than makeup for the loss of Russia’s “war tainted oil.”
According to Jason Kenney, “If President Biden had not vetoed that project, it would be done later this year. 840,000 barrels of democratic energy that could have displaced the 600,000+ barrels of Russian-conflict oil, filled with the blood of Ukrainians.”
Jason Kenney said that with more than a year on the shelf, it is not clear if the project will ever happen. The parent company, TC Energy, recently stated that it had no appetite to restart it.
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