Energy Dept. Report Admits Economic Benefits of Keystone XL Pipeline

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Energy Dept. Report Admits Economic Benefits of Keystone XL Pipeline
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Biden’s Energy Department quietly published a congressionally mandated report in December showing the president revoking the Keystone XL Pipeline federal permits cost thousands of jobs and billions of dollars.

The Energy Department was required by law after Biden signed the Infrastructure Investment and Jobs Act in November 2021 due to Sen. Steve Daines and Sen. Jim Risch successfully adding an amendment to the legislation that mandated such a report. Fox Newsthe report was required to be published within 90 days but was ultimately not released for more than a year.

“The U.S. Department of Energy released a report evaluating existing analysis on economic and job effects of the XL portion of Keystone pipeline,” the agency said. “It concluded there were limited job impacts, with approximately 50 permanent jobs estimated to have been created were the pipeline operational.”to be over halfway done, was on track to be completed in 2022, and would have been operational in the early part of this year .

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