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Manchin begs Biden to revive Keystone pipeline after strategic oil tap

Added 11-24-21 08:18:02pm EST - “Sen. Joe Manchin (D-WV) shrugged at the Biden administration's release of 50 million barrels of oil from the Strategic Petroleum Reserve on Tuesday.” - Nypost.com

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Posted By TheNewsCommenter: From Nypost.com: “Manchin begs Biden to revive Keystone pipeline after strategic oil tap”. Below is an excerpt from the article.

Sen. Joe Manchin (D-WV) shrugged at the Biden administration’s release of 50 million barrels of oil from the Strategic Petroleum Reserve on Tuesday, describing it as a “Band-Aid” on a “self-inflicted wound” and calling on the president to revive the canceled Keystone XL pipeline.

Manchin, the chairman of the Senate Energy and Natural Resources Committee, decried what he called the “shortsighted energy policy” of the White House.

“With an energy transition underway across the country, it is critical that Washington does not jeopardize America’s energy security in the near term and leave consumers vulnerable to rising prices,” Manchin said in a statement. “Historic inflation taxes and the lack of a comprehensive all-of-the-above energy policy pose a clear and present threat to America’s economic and energy security that can no longer be ignored.

“I continue to call on President Biden to responsibly increase energy production here at home and to reverse course to allow the Keystone XL pipeline to be built which would have provided our country with up to 900,000 barrels of oil per day from Canada, one of our closest allies,” Manchin went on. “To be clear, this is about American energy independence and the fact that hard working Americans should not depend on foreign actors, like OPEC+, for our energy security and instead focus on the real challenges facing our country’s future.”

The White House announced the release from the strategic reserve at 7 a.m. Tuesday, as millions of Americans prepared to hit the road for the Thanksgiving holiday and brave gas prices approximately $1.29 higher than last year. Despite the fanfare surrounding the announcement, analysts and markets were unimpressed — while Biden himself admitted that the move “will not solve the problems of high gas prices overnight.”

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