By Thomas Catenacci
Published January 5, 2023

The Biden administration published a congressionally mandated report highlighting the positive economic benefits the Keystone XL Pipeline
would have had if President Biden didn't revoke its federal permits.

The report, which the Department of Energy (DOE) completed in late
December without any public announcement, says the Keystone XL project
would have created up to 59,000 jobs and would have had a positive
economic impact of up to $9.6 billion.

Immediately after taking office in January 2021, Biden canceled the
pipeline's permits, effectively shutting the project down.

"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," Sen. Steve Daines. R-Mont., said Thursday in a statement. "Unfortunately, the
administration continues to pursue energy production anywhere but the
United States."

https://www.foxnews.com/politics/biden-admin-quietly-admits-canceling-keystone-xl-pipeline-cost-thousands-jobs-billions-dollars

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