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Biden Destroys Thousands Of Jobs

by Market FinancePosted onJanuary 7, 2023January 7, 2023

Did Biden deserve to get attacked?

Not long after coming into office, President Biden decided to make the wildly controversial decision to cancel the building of the Keystone XL pipeline.

Now a new report from the U.S. Department of Energy which was recently released shows that President Biden’s decision resulted in thousands of energy industry jobs being lost and now some oil executives are attacking Biden for creating economic chaos.

According to Fox, Canary CEO Dan Eberhart attacked President Biden and said, “It’s an economic boondoggle here. What America needs is clean, cheap energy. And I think that the Biden administration keeps throwing these lifelines to the progressive left and trying to give in to their wish list, but they’re doing it at the expense of the American consumer.”

The report which was released by the Department of Energy found that the Keystone XL project would have created anywhere from 16,149 and 59,000 jobs which would have generated around $3.4 billion-$9.6 billion in revenue.

Eberhart doubled down on Biden and said, “The fact of the matter is, this pipeline not only would have created jobs here, it would have helped our energy security and strengthened our alliance with Canada, and it would have given us the ability to have more plentiful, cheaper energy. What the administration is failing to do here is reduce demand. Affecting supply and reducing supply just pushes energy costs up to consumers.”

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Published by Market Finance

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