This past week, RealClear Energy published an op-ed by Kevin Mooney titled Revisiting the Keystone XL Pipeline and Joe Biden’s False Promise of ‘Green Jobs.’ Exactly a year after President Biden took office, Mooney analyzes the president’s failing energy decisions that have stifled American energy production.
The Biden Administration didn’t start out on the right foot, cancelling the Keystone XL pipeline within hours of being in the White House. As Mooney points out, the pipeline would have supported thousands of well-paying jobs while lowering energy prices. A year later, Americans find themselves paying extremely high prices at the pumps and on their heating bills this winter.
Of course, Biden is doing this all in the name of “climate change.” But as Mooney asserts, “his arguments don’t hold up under scrutiny.” The Institute for Energy Research, a nonprofit group that supports free market polices, cites figures that show the greenhouse gas emissions that would have resulted from transporting 830,000 barrels per day of Canadian oil would amount to 150 million metric tons per year, which is the equivalent of about 0.3% of the world total. That’s not anywhere close to solving climate change.
All in all, Biden has repeatedly taken hits at American-made energy in his first year of presidency. Mooney ends with this key “passage:
“By restricting domestic energy production, Biden is putting the U.S. in a position where it must rely more on imports at the expense of American consumers. That’s tragic since the U.S. became energy independent in 2019 for the first time in 50 years – meaning U.S. energy exports exceeded U.S. energy imports. That hard earned independence is now in jeopardy as a result of deliberate public policy decisions flowing from the Biden White House that disadvantage American workers and consumers while strengthening America’s strategic adversaries.”