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'The Worst of Times': Biden's Keystone XL Cancellation Means Job Losses and a Host of Other Problems

'The Worst of Times': Biden's Keystone XL Cancellation Means Job Losses and a Host of Other Problems Read Transcript


- [Chuck] President Joe Bidenwasted no time making good

on the central campaignpromise, putting a stop

to the Keystone XL pipeline

and Republican lawmakers are fuming.

- It's not just bad forAmerica and Americans.

It's bad for the world.

Our neighbors to the north and the south

depend upon these pipelines.

Part of our contractual agreement

is a completion of the Keystone XL.

- [Chuck] According toRepresentative Clay Higgins,

if the opposition caresabout environmental impact,

pipelines are not the right target.

- The safest, most efficient,most ecologically sound means

by which to transport energyproduct is by pipeline.

- The Trump administration fast tracked

dozens of pipelineprojects all across America

and now we see more than9,500 miles of pipelines

currently under constructionin the United States alone.

But the Biden administration'sopen hostility

toward the oil and gas industry

means that companies like these

are going to have to start thinking about

whether or not it's worth it to continue.

But one thing that won'tchange is the customer's demand

for the energy these pipelines carry.

- Pipelines are provento be both the safest

and most environmentally friendly way

to move oil and natural gas.

So by canceling pipelines,

you're just forcing it totravel a different way.

- [Chuck] And moving petroleumproducts by rail or truck

results in as much assix times more pollution

than moving it by pipeline.

The Biden administration's canceling

of oil and gas contracts on federal lands

could mean just movingthe damage elsewhere.

- About 22% of our oil andgas produced domestically

comes from federal lands and water.

And so not only willthis have a huge impact

on American jobs, but it will simply

move production overseas,where it is produced

at less stringent standards.

- [Chuck] And those lost jobswon't be easily replaced.

Neil Crabtree is a thirdgeneration pipeliner.

- Starting over in a different job,

you're not starting off at the top.

You go right to the bottom andyou gotta learn it all over.

We're talking about men andwomen who have mortgages.

They've worked all their life

to get to the point they are now.

Starting over, you're, youstart off at the bottom.

- American oil and gasworkers make at least double

what workers in therenewable industry make.

And even the unions havesaid the oil and gas industry

provides higher pay, better benefits,

and more opportunities for advancement

than the renewable industry.

- A reasonable man would hopethat our oil and gas industry

and the millions ofAmericans that it employs,

we would hope that theindustry could survive

the worst of times.

What we would not expect

is that those worst oftimes would be introduced

by a newly inauguratedpresident of the United States.

- [Chuck] For CBN News, I'm Chuck Holton.

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