The Department of Energy issued a congressionally mandated report late last month highlighting the positive economic benefits the Keystone XL project would have had.
Accountant and market analyst Dan Geltrude joined 'Fox & Friends First' to discuss how rising energy costs will impact American families in 2023.would have had if President Biden didn't revoke its federal permits.in late December without any public announcement, says the Keystone XL project would have created up to 59,000 jobs and would have had a positive economic impact of up to $9.6 billion., effectively shutting the project down.
Keystone XL had been slated to be completed early this year and transport an additional 830,000 barrels of crude oil from Canada to the U.S. through an existing pipeline network, according to its operator, TC Energy. The project labor agreement that TC Energy signed in August 2020 with four labor unions promised the pipeline would create 42,000 American jobs and provide $2 billion in total wages.
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