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Sen. Manchin: Keystone XL Pipeline Could Be ‘Rebranded’ To Help Energy Crisis

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Joe Manchin

During a press conference with Canadian Premier Jason Kenney, Democrat Senator Joe Manchin (WV) said that the Keystone XL Pipeline could be “rebranded” or “rerouted” in order to combat the spiking gas prices for Americans.

“The horrific war that [Russian President Vladimir] Putin has put on Ukraine is an atrocity,” Manchin said. “It truly is. And I don’t think it’s something, I don’t believe, that any of us can tolerate. And there shouldn’t be a thing that we should be counting on, or buying, or supporting, from Russia, that gives them the resources to use in this genocide that they’re committing in Ukraine. But with that, we have to be stronger. We have to be committed and resilient enough to be able to say ‘we’re going to produce the energy that the world needs. We’re going to extract and process the minerals, the critical minerals, that helps us with a cleaner environment, transitioning into a new world, if you will.’ But that can be done right here.”

Manchin was later asked by a reporter if he believed the Keystone XL pipeline would be revived to address the need for more oil.

“The brand of the XL pipeline is probably gone,” Manchin responded. “Can it be rebranded, can it be rerouted, can it be these different things? We need this product. You all have a product that we have to have in order for us to meet the demand in our country, but in your country, too, and the world.”

“Pipelines will carry [oil] a lot safer, cleaner, and much better and more efficient than [by] rail or by trucks … the cleanest way to transport it is by pipe,” Manchin said, adding that he did not know if the Biden administration “is going to entertain that,” but “they’d be foolish not to.”

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4 Comments

4 Comments

  1. Mark Cheney

    April 14, 2022 at 11:32 am

    Government like ours today has an agenda so deliberate, that the obvious couldn’t be the answer Dems are looking for. This opening of the XL, helps progress the US economy and this is exactly what is needed. Not gonna happen. 😩

  2. Mother Mary

    April 15, 2022 at 11:42 am

    Rebrand or reroute … what does that even mean? Sounds like BS to me.

    Yeah, Manchin has stood up for coal and opposed Build Back Better, but he also voted for the $2 TRILLION spending bill in 2021 that nobody read, and the $2 TRILLION spending bill in 2022 that nobody read. Where did that $4 TRILLION come from? The Federal Reserve fabricated it out of thin air. That’s where all the inflation is coming from … reckless deficit spending on a TRILLION dollar scale.

    The media calls Manchin a “conservative” but I don’t see it. He’s not as crazy as Ocasio-Cortez, but he still reliably votes for most of the democrat socialism. He likes open borders. West Virginia is a Trump state and, in my opinion, they need to get rid of Manchin and get a bona fide Trump republican.

  3. Ralph Piazza

    April 15, 2022 at 1:05 pm

    Manchin is correct. What Biden did by immediately cancelling the completion of the pipeline including Alaska Anwar and other federal lands for drilling was especially controlled by his left-wing green people and drastically reduced maintaining our future energy needs. Biden taps into valuable reserves saved for special emergencies. This administration has since this cancellation date started the growth of extensive quick inflation spike. This has nothing to do with Putin! This is squarely on the shoulders of the Democratic socialist party. Biden has ignored our Constitution by allowing millions of Illegal Undocumented Immigrants to enter our country and ship them to Cities and we pay for them!

  4. Stella Honeycutt

    April 20, 2022 at 9:08 pm

    I agree. Seems right to do this

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Economy

National Gas Prices Could Hit $6.20 Per Gallon By August

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Gas Prices

National gas prices could surge to well over $6 per gallon by the end of the summer, according to analysts at JPMorgan.

Natasha Kaneva, head of global oil and commodities research at JPMorgan, wrote in a research document that the United States was going to face a “cruel summer” as gas prices are expected to dwarf their already record highs.

“With expectations of strong driving demand — traditionally, the U.S. summer driving season starts on Memorial Day, which lands this year on May 30, and lasts until Labor Day in early September — U.S. retail price could surge another 37% by August to a $6.20/gallon national average,” she wrote.

“Typically, refiners produce more gasoline ahead of the summer road-trip season, building up inventories,” the analysts said. However, over the last month, “gasoline inventories have fallen counter seasonally and today sit at the lowest seasonal levels since 2019.”

The report comes the same week that the United States set a new record for gas prices with the average cost per gallon rising over $4 per gallon in all 50 states for the first time ever, according to a report from the American Automobile Association (AAA).

“The high cost of oil, the key ingredient in gasoline, is driving these high pump prices for consumers,” said AAA spokesperson Andrew Gross. “Even the annual seasonal demand dip for gasoline during the lull between spring break and Memorial Day, which would normally help lower prices, is having no effect this year.”

As explained in the report, “total domestic gasoline stocks decreased by 3.6 million bbl to 225 million bbl last week. Gasoline demand also decreased slightly from 8.86 million b/d to 8.7 million b/d. Typically, lower demand would put downward pressure on pump prices. However, crude prices remain volatile, and as they surge, pump prices follow suit. Pump prices will likely face upward pressure as oil prices stay above $105 per barrel.”

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Economy

Report: April 2022 Inflation Was Worse Than Expected

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The inflation crisis continued to worsen in April, according to new data released by the Bureau of Labor Statistics on Wednesday.

“The consumer price index, a broad-based measure of prices for goods and services, increased 8.3% from a year ago, higher than the Dow Jones estimate for an 8.1% gain,” CNBC reported. “That represented a slight ease from March’s peak but was still close to the highest level since the summer of 1982.”

According to the new CPI report, inflation “increased 0.3 percent in April on a seasonally adjusted basis after rising 1.2 percent in March… The all items index increased 8.3 percent for the 12 months ending April, a smaller increase than the 8.5-percent figure for the period ending in March. The all items less food and energy index rose 6.2 percent over the last 12 months. The energy index rose 30.3 percent over the last year, and the food index increased 9.4 percent, the largest 12-month increase since the period ending April 1981.”

Due to the rising inflation rate, the real wages of American workers continued to fall over the last year. According to a separate report from the Bureau of Labor Statistics, the “Real average hourly earnings decreased 2.6 percent, seasonally adjusted, from April 2021 to April 2022. The change in real average hourly earnings combined with a decrease of 0.9 percent in the average workweek resulted in a 3.4-percent decrease in real average weekly earnings over this period.”

As noted by CNBC, “Markets had been looking for signs that March’s 8.5% CPI reading would mark the peak in pandemic-era inflation.”

However, the new April report showed that “this is another upward inflation surprise and suggests that the deceleration is going to be painstakingly slow,” said Seema Shah, chief strategist at Principal Global Investors, according to CNBC.

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