Yes, he did.
axlewise.com
No, it would not all go to the gulf coast. Keystone XL would link to the existing Keystone pipeline network in Nebraska sending additional oil to refineries in the midwest, OK and TX, in addition to the gulf coast for export. (see map in linked article). Biden's decision will result in the Alberta oil being re-routed to the Canadian west coast for export to China.
www.forbes.com
And the assumptions in that article were probably correct at the time that article was written, with the exception of the fact that the refineries on the west coast are not equipped to deal with the heavy oil that comes from the tar sands, but the refineries on the gulf coast are.No, it would not all go to the gulf coast. Keystone XL would link to the existing Keystone pipeline network in Nebraska sending additional oil to refineries in the midwest, OK and TX, in addition to the gulf coast for export. (see map in linked article). Biden's decision will result in the Alberta oil being re-routed to the Canadian west coast for export to China.
U.S. Loses, Russia And China Win With Keystone XL Closure
The Canadian effort to sway President Biden to license for the Keystone XL pipeline has failed, leaving TransCanada (TC) Energy to formally scrap the contentious $9 billion project. This represents an enormous win for geopolitical rivals.
No, he didn't..... Ask any economist, a president has very, very little, if any, effect on the price of gas. ....Yes, he did.
Avg. annual gas prices:
2017 - $2.47
2018 - $2.79
2019 - $2.70
2020 - $2.24
2021 - $3.28 (Biden sworn in Jan 20, 2021)
Historical Gas Prices By Year: What Affects Them [1978-2023]
Wanna know how the gas prices have been fluctuating over the decades? If yes, then tag along to know everything about it!
Fast forward to 2022: $4.24
Then explain the hugh difference in prices....the policymaking a president does affects everything....or they would not try to blame Putin over gas prices that were up BEFORE the war started.
Oil is a global commodity with prices based on global events.
So it was just a coincidence that when he Trump was in office gas prices were low. And also a coincidence since Biden has been President gas prices have been very high.
35/40c to 75/80c not a quarter or less, but that's really something you even bidding a quarter, now that you've gone full blown Ragman again.
When me and Jethro took ciphering we learnt 10% of $3.50-$4.00 was 35/40 cents and 20% of same was 70/80 cents. As usual, it's leftist math that doesn't add up.
That might be true if a POTUS doesn't meddle with the energy producers' ability to produce unencumbered by excessive govt regulations and legal barriers. Biden did exactly that on his first day in office by cancelling Keystone XL while giving approval to Russia's Nordstream 2, reactivating regulations that Trump had killed, limiting leases and permits, limiting fracking, etc. Combine that with the inflationary policies being enacted by the Biden White House that poured excessive stimulus money into the economy which resulted in "too many dollars chasing too few goods" - a phrase heard often lately by many economists explaining the imbalance of supply and demand (economics 101). Together these two factors originating in the White House have given us what we have today: $4.24/gallon gasoline.
Add in the taxes which can vary from state to state.....but oh wait the Democrats want you to go full on electric car.....then expect your electricity rates to climb like never before.....because you know supply and demand.
