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Biden Confesses To Major Mistake

by Market FinancePosted onJanuary 23, 2023January 23, 2023

Republicans warned them.

President Biden’s Energy Department angered Americans when they attempted to quietly release a report which admitted that Biden made a mistake canceling the Keystone XL Pipeline which costed America thousands of jobs and billions of dollars.

According to Breitbart, the report which was published was titled Keystone XL Extension Permit Revocation: Energy Costs and Job Impacts talked about all of the positive financial and economic benefits the Keystone XL Pipeline could have had on America if Biden didn’t cancel the pipeline.

Republicans warned Biden countless times about the cancelation of the pipeline however President Biden refused to listen and canceled it anyway due to pressure from the Democrats.

The Keystone XL Pipeline was going to create anywhere from 16,149 to 59,468 jobs annually for two years and would have generated around $3.4-9.6 billion over its lifetime.

This comes in stark contrast to all of the negative things the same Energy Department said about the pipeline before it was shut down.

A spokesperson for the agency condemned the pipeline in the past and said, “The U.S. Department of Energy released a report evaluating existing analysis on economic and job effects of the XL portion of Keystone pipeline. It concluded there were limited job impacts, with approximately 50 permanent jobs estimated to have been created were the pipeline operational.”

If Biden didn’t cancel the pipeline it was estimated that it would have been completes this year (2023) and would have helped the economy grow tremendously. Sad.

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Published by Market Finance

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