It was an incredibly stupid move on several fronts. First off, the oil in question will be extracted and used whether there is a Keystone XL pipeline or not. Next, there is the question of why the intense opposition to this pipeline in particular. Below is a map of major pipelines in the US:
From a purely logical standpoint, it’s difficult for any reasonable person to think that this one pipeline can in any way be the straw that broke the Camel’s back. So we have to wonder why. One theory is that it benefits Warren Buffet. In 2016 alone, he donated over $920 million to a pro-Obama PAC:
I would say that buys a lot of goodwill with politicians. Buffet owns a railroad that transports the same oil that ostensibly would be transported through the Keystone XL pipeline and cost Buffet millions and millions of dollars worth of business.
Buffett would profit from a Keystone cancellation.
So while there’s no concrete proof to say that was a factor, one would have to be a complete fool to ignore that it likely is a HUGE factor.
But back to logic about the topic. The oil will be extracted and burned regardless. Having the Keystone XL pipeline would mean reduced cost to transport the oil and the US has a stake and thus some control over the oil. By cancelling the pipeline, some if not most of that oil will head west and to Communist China.
China. Joe Biden. Hunter Biden. Reported payoffs from China to Joe Biden, aka “the big guy”, funneled through Hunter Biden. Hunter Biden flew on Air Force Two with “the big guy” to China in 2013. Shortly thereafter, Hunter Biden scored $1.5 billion from Communist China for some sort of investment firm Hunter was involved in.
Explainer: Trump's claims and Hunter Biden's dealings in China
So, the problem is, well, it’s several problems. Joe Biden is acting on behalf of China instead of the American people. Thousands of jobs will be lost with many already lost. It takes a LOT of people to build the pipeline, maintain it and handle the oil once it arrives in south Texas at the Gulf of Mexico. Joe Biden has insured the Chinese get that oil instead.
Obviously, this is bad for North American energy independence. But Joe Biden doesn’t care about that. He is bought and paid for by the Chinese government. You will see many other policy moves that benefit them in the coming years.
Bottom line: less American jobs, the oil gets burned in China where they don’t care about environmental standards, less energy security. But that’s politics for you. Joe Biden, like most politicians, cares more about the people lining his pockets than he does the American people.
Stan Hill
