The article is brief. The damage is great. And in the midst of crippling job losses in this closed economy, Biden makes 8,000 union workers who by the way were working unemployed. All before the end of his first day in office. Didn’t wait a few weeks or a month, nope had to make his peeps happy and not honor the Democratic commitments to the unions. And the pipeline could have gone on.
Well, here is a link to the story, but the headline tells all you probably need to know to keep you up at night.
Remember energy self-sufficiency makes us strong. The Dems killed coal, and now they have oil in their sights.
And when oil is dead, there goes the millions of shareholders with their retirement accounts with oil, the car industry, the petrochemical industry, and yes the drinking straws.
The facts are in the commentary of the story by Christine Favocci with the WesternJournal.com on January 20, 2020.
I assume there will be more to come. And still the business of America is closed down.
Before His First Day Is Out, Biden Nukes 8,000 Union Jobs
Democrats are uniquely deft at destroying the American economy, but President Joe Biden just might shatter the record for the fastest time to do so.
After taking the oath of office Wednesday, Biden was expected to sign several executive orders meant to undo the work of his predecessor, including orders to roll back protections for the unborn and dismantle border security.
However, it was Biden’s executive order to rescind the permit for TC Energy to build the Keystone XL pipeline that may be the largest hit to the economy, costing as many as 11,000 Americans their jobs, including 8,000 union positions. (Those figures come from an October TC news release estimating the number of jobs that pipeline construction would add to the economy in 2021.)
The project would have injected $1.6 billion in gross wages into the U.S. economy in 2021 at a time when jobs are most needed.
The Wall Street Journal reported that the president signed an executive order to kill the pipeline on Wednesday.
According to Fox Business, the $9 billion project was more than 10 years in the making and would have spanned over 1,200 miles to send nearly 830,000 barrels of crude oil per day from Alberta, Canada, to Nebraska.
Liberals have opposed the pipeline due to environmental concerns, citing the extra fossil fuels required to process the type of oil the pipeline would carry, NPR reported.