Globally, everyone is getting hit with high energy bills.
The Biden administration backhandedly acknowledges that the Keystone XL would help lower gasoline prices at the pump but that it would now take too long to put that pipeline in to make any difference with current situation.
The Biden administration is thinking like the EU. This headline story popped up a few minutes ago:
For renewable energy to make any impact on energy prices will take years, and it's very likely renewable energy will have an opposite effect by raising energy prices. But whether renewable energy helps at the pump, it's all agree that it will take years.
But the Keystone XL? A year, at most. But that's too long for the Biden administration. Better to take even longer with wind turbines and solar panels.
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