White House seeking to maximize Canadian oil imports, refuses to consider Keystone XL pipeline

The Biden administration is considering additional options for increasing crude oil imports from Canada, including increasing rail exports and extending pipeline capacity along existing routes.

There have been no clear-cut solutions so far. However, according to the Wall Street Journal, one option remains off-limits: revisiting the Keystone XL pipeline, which President Joe Biden effectively shuttered on his first day in office.

The statement came as the Biden administration tries to protect consumers from the recent spike in gas prices in the United States, which reached their highest level since 2008.

The White House has taken a number of steps to assist stabilize gas prices, including President Joe Biden’s declaration last week that the US will release another 180 million barrels of crude oil from its Strategic Petroleum Reserve to help improve supplies.

However, without action to resurrect the Keystone XL pipeline, options for increasing Canadian crude imports are limited.

While Canada might increase rail exports to the United States by 200,000 barrels per day, analysts believe this would be a costly alternative. And the increase would be insignificant, accounting for only a small portion of Canada’s total exports to the US, which last year averaged around 4.3 million barrels per day.

The Canadian government is also planning to expand the Trans Mountain pipeline, which will allow it to transport an additional 590,000 barrels per day. However, such expansion will not be finished until 2023.

The White House has claimed that even if Biden moved today to resurrect Keystone XL, the pipeline would not be finished in time to assist alleviate the country’s gas need.

“While the US continues to engage with a variety of producing countries to solve the present supply imbalance we are experiencing,” a White House spokesperson told the Wall Street Journal, “the Keystone XL pipeline would have done little to nothing to address that supply.”

According to analysts, Canada has enough supply to meet US demand; it just lacks the pipeline infrastructure to distribute it. “In terms of resource potential, there is no limit,” said Kevin Birn, an analyst at S&P Global Commodity Insights. “There is a capacity constraint.”

18 Responses

  1. Duh!! How hared can it be???? Return to Trumps programs. We were almost independent of all foreign oil. Canada is not considered foreign. Keep our money and jobs here.

  2. Our president has no Sense
    Why woul he not open Keystone when it would help all america

    Stupid senile old man
    Does not have the American people welfare considered at all, stumbling old man is CRAZY and is a loose cannon.

    I hope all American people turn their back on his horrible man
    Impeach him now……..!!!!!!!!

  3. Biden is all about following the Obama agenda to the letter! Everything he does is an Obama order. Why do you think he is rearing his ugly head so much lately? Something is going on and it isn’t good, will not bode well for our country. Biden will be out before mid-terms, Kamala will take over as President with Obama as her v.p. The she will step down, Obama will take over and name Susan Rice as his v.p. Then the coup will be complete!

  4. GOD is in control and HE has exposed evil for
    what it is and who is following it. HE tells us in HIS WORD.
    “If MY people, who are called by MY name will humble themselves and pray turn from their evil ways. I will heal their land in

  5. Biden, doesn’t care about his country. The keystone should never been shutdown. We are facing some serious problems and it’s going to get worse. The democrats have plans in place, we’re going to be a third world country.

  6. wake up americans! prove that Trump won and Biden is a dictator win ! correct this error stop the hitler democrats from destroying our country ! awaken the democrats to thier mind control !

  7. The most incompetent president our country has ever had —
    Let’s consider impeachment to save our country —
    Joe Biden cannot do the job —

  8. Joe Biden is totally incompetent and is being used for the purpose of destroying our precious country —
    He is really not aware –
    We must stop this NOW

  9. Joe Biden is totally incompetent
    He is really not aware –
    We must remove him from office- our country is in grave danger—
    This is about saving our country –
    It is nothing personal — our country is at grave risk —

  10. The Obama/Biden administration was the second WORST administration!! This Administration is THE WORST IN AMERICAN HISTORY!!! Communist’s masquerading as Socialist’s. Our Constitution states ” A Communist may not hold public office” The 2020 election was stolen: disappearing ballots; ballots left beside the road; ballots buried; winner called by FAKE main stream media…

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