On his first day, President Biden put our nation at unacceptable risk when he dealt a blow to the energy industry. The consequence of which means we will once again be dependent on petroleum from foreign and hostile countries. But in this case, it’s a Two-for. It also gives Canada a poke in the eye to their economy too. Brilliant geopolitical move by President Biden.
“Alberta Premier Jason Kenney said in a different statement that he urged Trudeau to tell Biden that “rescinding the Keystone XL border crossing permit would damage the Canada-US bilateral relationship.”
To refresh your memory, Under President Jimmy Carter, The ‘Department of Energy’ was instituted on August 4, 1977. Its purpose was to lessen U.S. dependence on foreign oil. During Carter’s malaise there were long lines for gas at the gas stations. Prices were high.
Today, and for a few years, China owns and or operates both sides of the Suez Canal and the Panama Canal. Given the cozy relationship the Biden family has with Communist China, I’m sure Joe doesn’t see how that could be a problem.
So what difference at this point does it make? It doesn’t take a genius to see the consequences of such a move, given the ever increasing presence and pressure from China wanting to rule the world.
The United States is the largest user of the canal; the second-largest is China. Approximately 60 percent of all the cargo that passes through the Panama Canal either originates in or is destined for the United States.
Losing thousands of good paying and mostly union jobs, and an industry, while making us vulnerable to Communist China, is not looking out for America and our interests.
So whenever China wanted, they can choke the U.S. right out of product, including fuel. The alternate route is around South America. But Hunter is doing OK, and the environmentalist wackos are celebrating. Biden family first, America Last.
Links: With a pen stroke, President Joe Biden cancels Keystone XL pipeline project | Commentary: Expansion of the Panama Canal benefits global trade | Canada pleads case for controversial Keystone oil pipeline with Biden administration