(RepublicanWire.org) – Republican chief legal officers in more than a dozen states are urging President Joe Biden to reconsider his halting of the Keystone XL Pipeline and are criticizing the “hypocrisy” of the U.S. now potentially importing Canadian oil.
On his first day in office, Biden revoked the permit for a $9 billion pipeline designed to transport hundreds of thousands of oil barrels from Alberta, Canada, to the United States. Now, Montana Attorney General Austin Knudsen is leading the charge to reinstate it.
“We warned you then if your decision was not reversed, Americans would ‘suffer serious detrimental consequences,’ consumers would pay higher prices, and our allies would become further dependent on Russian and Middle Eastern oil.”
Biden’s cancellation of the 1,200-mile pipeline reportedly killed thousands of jobs, and Republicans wrote to the administration in February demanding to know how many. Knudsen and 20 other Republican attorneys general filed a lawsuit last year against Biden alleging he exceeded his authority by nixing the pipeline.
The letter comes amid record-high gas prices and 40-year high inflation that has put a strain on American families. The Producer Price Index, an inflation measurement for wholesale producers, spiked 11.2% annually from March 2021 to March 2022. The Consumer Price Index, which tracks consumer inflation, reached its highest level in 41 years only a day before these numbers were released.
“We’re seeing 50 plus percent increases in the price of gasoline,” Knudsen stated. “I don’t care if you’re in Montana or if you’re in Virginia. Everybody bears that cost and that hurts. Fuel is what drives our economy and we have to be able to drive our vehicles. We have to be able to heat our homes.”
The Republicans say European countries are now “unable” to levy sanctions on Russia amid its invasion of Ukraine without risking an economic recession and blast the president for a potentially contradictory decision to now import oil from Canada. The letter notes that the pipeline would have provided the same oil.
TC Energy, the company overseeing the pipeline, filed a $15 billion trade claim against Biden last year seeking damages from the U.S. government. The formal request for arbitration was submitted under an alleged “breach” of the legacy North American Free Trade Agreement (NAFTA).