A Canadian politician is pushing for the revival of the project that was canceled by President Joe Biden. The move would increase US energy security.
If the United States is serious about this, they could come back to the table and help us build the project, according to a video posted to Canada's Global News website.
By the end of the year, the Russian conflict oil that was filled with the blood of Ukrainians could have been replaced if Biden had not shut down the plans for the pipeline.
President Donald Trump revived the project after the Obama administration rejected it due to environmental concerns. The $9 billion project was terminated in June by the developer. According to the Fact Check team, less than 10% of the pipeline had been constructed.
It was planned to carry 830,000 barrels of crude oil a day from Canada to Nebraska. The US imported 209,000 barrels of crude oil from Russia each day in 2021, according to the American Fuel and Petrochemical Manufacturers.
If the Biden administration gives the go-ahead, the first quarter of 2023, could be the time when the tar sands project is built, according to Global News.
The company did not reply to the request for comment. The existing Keystone system will continue to provide unique, stable and safe source of energy to meet increasing U.S. energy demands.
The US is considering banning Russian oil imports on its own, according to two people familiar with the matter. This would come at a time when oil prices are at a multiyear high.
Jen Psaki said Monday that gas prices wouldn't be affected by the project. The oil is flowing through other means. According to an official transcript, Psaki said that it would have nothing to do with the current supply imbalance.
Reducing our dependence on fossil fuels and foreign oil will help us have a reliable source of energy so that we are not worried about gas prices.
In November, US crude oil production reached an all-time high of 11.8 million barrels a day, and is expected to rise to 12 million barrels a day in 2022, according to the Energy Information Administration.