BIDEN’S KEYSTONE XL EO BIG WIN FOR CHINA

Jan 28, 2021

Rob Lauer Political Reporter

As reported:

The Keystone Pipeline System is an oil pipeline system in Canada and the United States, commissioned in 2010 and owned by TC Energy and as of 31 March 2020 the Government of Alberta.^{[8][9][10][11]} It runs from the Western Canadian Sedimentary Basin in Alberta to refineries in Illinois and Texas, and also to oil tank farms and an oil pipeline distribution center in Cushing, Oklahoma.^[12][13]

TransCanada Keystone Pipeline GP Ltd,^[14] abbreviated here as Keystone, operates four phases of the project. In 2013, the first two phases had the capacity to deliver up to 590,000 barrels (94,000 m³) per day of oil into the Midwest refineries.^[15] Phase III has capacity to deliver up to 700,000 barrels (110,000 m³) per day to the Texas refineries.^[16] By comparison, production of petroleum in the United States averaged 9.4 million barrels (1.5 million cubic meters) per day in first-half 2015, with gross exports of 500,000 barrels (79,000 m³) per day through July 2015.^[17]

The proposed Phase IV, Keystone XL (sometimes abbreviated KXL, with XL standing for “export limited”^[18]) Pipeline, would connect the Phase I-pipeline terminals in Hardisty, Alberta, and Steele City, Nebraska, by a shorter route and a larger-diameter pipe.^[19] It would run through Baker, Montana, where American-produced light crude oil from the Williston Basin (Bakken formation) of Montana and North Dakota would be added^[12] to the Keystone’s throughput of synthetic crude oil (syncrude) and diluted bitumen (dilbit) from the oil sands of Canada. The pipeline became well known when Phase IV KXL attracted opposition from environmentalists, becoming a symbol of the battle over climate change and fossil fuels. In 2015 KXL was temporarily delayed by President Barack Obama. On January 24, 2017, President Donald Trump took action intended to permit the pipeline’s completion. On January 20, 2021, President Joe Biden signed an executive order^[20] to revoke the permit^[21] that was granted to TC Energy Corporation for the Keystone XL Pipeline (Phase 4).

On day one of Biden’s Presidency, he signed an Executive Order halting construction of the KeyStone XL pipeline laying off some 11,000 union workers. The usual oil producing countries lobbied against it and helped fund the opposition to it through environmentalist groups. But the number one benefactor is China. If Canada cannot pipe its oil from the Oil Sands to refineries in Texas, then China becomes the number one player for the oil. Nation states have been playing the long game for decades trying to corner oil reserves around the world. Biden just handed China a big win and dealt America a huge blow. Biden has weakened America by letting our number one economic rival gain the upper hand with access to cheap energy.

Biden betrayed American Union Workers, Biden betrayed America’s National Security and Biden betrayed every American consumer when he ended the Pipeline knowing full well China would benefit. This is why Biden was installed as our President, to sell us out, to undermine us and to betray our economic security.