Report: Biden Desperate for Oil from Canada, Just Not Thru Keystone XL Pipeline

President Joe Biden is desperate to increase oil imports from Canada as the nation continues to struggle with high fuel prices — but is determined not to resurrect the Keystone XL pipeline, whose permit Biden canceled on his first day in office in 2021.

According to the Wall Street Journal, the Biden administration is seeking to increase Canadian oil imports through rail, which is dirtier and riskier for the environment than pipelines, as Secretary of Transportation Pete Buttigieg has admitted.

The Journal reported Monday:

Biden administration officials are seeking ways to boost oil imports from Canada, people familiar with the situation say, but with one big caveat—they don’t want to resurrect the Keystone XL pipeline that President Biden effectively killed on his first day in office.

The people said deliberations are in early stages and that no clear-cut solutions have emerged.

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Canada has ample reserves under its soil to meet U.S. demand, said Kevin Birn, an analyst with S&P Global Commodity Insights. It just doesn’t have enough pipeline capacity to pump it here, he said.- READ MORE