Wednesday, March 9, 2022

Record high gas prices: Why Joe Biden is not to blame

…But is there anything to the idea that Biden's policies so far have blocked the U.S. from producing and importing even more oil? Well, not really. The death of the Keystone XL pipeline from Canada is a favorite talking point for Republicans, but that pipeline wasn't even scheduled to be operational until next year, which would have no impact on today's gas prices. Likewise, Biden's pause on licensing new federal lands for drilling, which was overturned in court, didn't stop those licenses already issued from being used; there are also 9,000 approved permits that haven't been used yet…


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