Keystone deal was for a pipe next to the existing one that would double the capacity. There are pipelines that crisscross the entire nation, this was one that would negate having to ship the oil in other ways, like rail or land, that are much more dangerous.
(See attached map of hazardous liquid pipeline in the US today-Source:
https://pipeline101.org/topic/where-are-liquid-pipelines-located/)
What the importance of President Biteme's shutting it down , was highly indicative of his war on domestic fossil fuel producers. HE said he was going to shut them down, and he did.Pretending he didn't does not change anything.
NOW he begs Saudi Arabia to increase production, tried to keep billions of dollars flowing into a belligerent country like Russia, only stopping after being forced to, and has opened talks with outwardly belligerent a nd committed enemies of Americans everywhere - Iran and Venezuela into buying oil from them, who follow no environmental laws other than those they find convenient... and once again we are funding our enemies.
Once he showed his hand into how the US government would administer the oncoming appearance or potential sources of domestic oil, those outside our borders were sent the message that they could charge whatever they wish... that their markets were no longer in jeopardy of having US competition to deal with.
Thats how free markets work- they were giving their oil away to keep us out of their game. Because that is all many of them have to sell. And they can't have us entering the market. But they can set the rules when there is no threat.
You can also see how other governments react to weak wristed foreign relations- they do what they wish... SO we get invasion and potential WW3 as well as high fuel costs and inflation, and cities we can't walk the streets in safely... ... some president, some leftist agenda.
He is the very meaning of feckless, and even those of us who knew this would happen, have to pay for it.
Keystone deal was for a pipe next to the existing... (