Biden admin canceling Keystone ‘not going to solve global warming’: Steel pipe and tube manufacturer

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Biden admin canceling Keystone ‘not going to solve global warming’: Steel pipe and tube manufacturer
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Zekelman Industries CEO and Chair Barry Zekelman discusses the administration's push to do away with U.S. fossil fuels despite demand.

You know, when they canceled the Keystone pipeline, it's really a red herring, right? That's not going to solve global warming. All we did is export the demand for oil and the supply of oil to other countries who quite frankly, produce it in a much dirtier way than the US. The US. is the cleanest country for producing fossil fuels. And clearlyWe're asking countries who are not our friends Russia, Venezuela, even Saudi Arabia now, potentially Iran, to ship us more oil.

Miles of unused pipe, prepared for the proposed Keystone XL pipeline, sit in a lot outside Gascoyne, North Dakota. Photo credit: getty ImagesAnd when Jen Psaki stands up there and says, Well, just drill the area, there's 9,000 permits on there. It's not quite that simple. You have to have the infrastructure to move this oil pipelines. Right now, it's being moved by railcar and by truck, a very inefficient and unsafe way, and taking up that capacity.

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