Biden WH: Sure, we killed jobs and billions in economic activity in Keystone cancelation

President Biden ended the permit process for the XL pipeline – part of larger, the trans-continental Keystone crude oil pipeline – almost immediately after taking office in January 2021, amid pressure from environmental activists.

The Energy Department in late December 2022 finalized the congressional report, which stated that the Keystone XL project would have created 16,149 to 59,000 jobs and would have positively impacted the economy by $3.4 billion to $9.6 billion, citing various studies.

“The Biden administration finally owned up to what we have known all along – killing the Keystone XL Pipeline cost good-paying jobs, hurt Montana’s economy and was the first step in the Biden administration’s war on oil and gas production in the United States,” said Montana GOP Sen. Steve Daines. “Unfortunately, the administration continues to pursue energy production anywhere but the United States.”