Biden WH: Russian pipeline, good … America's Keystone, bad
Friday, May 21, 2021
Chris Woodward (OneNewsNow.com)
An economist with an energy institute suggests that President Joe Biden – as demonstrated by his recent actions – prefers America not be energy-independent and instead obtain its energy from countries headed up by dictators.
The Biden administration is imposing new sanctions on Russian companies and ships for their work completing a European natural gas pipeline long opposed by the U.S., but will waive any similar penalties against the German company running the project.
The White House wants to mend relations with Germany, relations this administration feels were unsettled during the Trump era. Meanwhile, the Biden administration is being criticized for opposing pipelines in the U.S. – especially the Keystone XL project that was frowned up by the Obama administration when Joe Biden was vice president.
"We like pipelines in the U.S. a whole lot and we're inclined to let people outside the U.S. worry about their own pipelines – although this Nord Stream 2 [project] is a bit worrisome in that it helps Russia gain greater monopoly over energy supplies to northern Europe and Germany in particular," says David Kreutzer of Institute for Energy Research. "So, that has geopolitical ramifications."
"We have been building up export facilities for liquified natural gas and northern Europe was one of the markets," Kreutzer explains. "It was to help wean them off of dependency on autocratic Russia …
"[But] this is just bizarre. It's like [President Biden] hates American energy and loves energy coming from places with dictators."
It's the same thing with oil production, says Kreutzer.
"Why do we not want to get oil from Canada and decrease the strength of the OPEC countries that we've been fighting for decades?" he asks. "In 2019, we were the world's largest energy producer; something we've been working on for 40, 50 years – and now they're getting ready to throw it away."
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