Late. Joe Manchin (D-WV) shrugged at the Biden administration’s release of 50 million barrels of oil from the strategic oil reserve on Tuesday, describing it as a “patch” on a “self-inflicted wound” and calling on the president to revive the canceled Keystone XL pipeline.
Manchin, chairman of the Senate Energy and Natural Resources Committee, rejected what he called “the short-term energy policy” in the White House.
“With an energy transition underway across the country, it is crucial that Washington does not endanger US energy security in the short term and leave consumers vulnerable to rising prices,” Manchin said in a statement. “Historical inflation taxes and the lack of a comprehensive all-of-the-top energy policy pose a clear and current threat to US economic and energy security that can no longer be ignored.
“I continue to urge President Biden to responsibly increase energy production in this country and turn the tide to allow the Keystone XL pipeline to be built, which would have supplied our country with up to 900,000 barrels of oil a day from Canada, one of our closest allies, “Manchin continued.” To be clear, this is about American energy dependence and the fact that hard-working Americans should not depend on foreign actors, like OPEC +, for our energy security and instead focus on the real challenges facing the future of the country. “
The White House announced the release from the strategic reserve at. 7 Tuesday as millions of Americans prepared to take to the road for the Thanksgiving holiday and brave gas prices that are about $ 1.29 higher than last year. Despite the fanfare surrounding the announcement, analysts and markets were not impressed – while Biden himself admitted that the move “will not solve the problems of high gas prices overnight”.
Biden revoked the permit for the long-running Keystone XL pipeline hours after joining on January 20, which immediately halted construction of the project.
The following month, Manchin was one of two Democratic senators who initially backed a Republican amendment that would have supported the $ 1.9 trillion US pipeline – only to later turn the tide and support a Senate amendment. Majority Leader Chuck Schumer (D) -NY), who removed the Keystone XL provision from the bill.
Manchin has proved to be a persistent thorn in the side of the Biden administration over his stance on the president’s nearly $ 2 trillion social spending bill, known as the Build Back Better Act. Through its irreconcilability, West Virginian has forced the removal of regulations that create free community college, extend Medicare benefits and fine energy producers who stick to carbon-heavy fuels.
The president insisted in his remarks Tuesday that the cancellation of the Keystone Pipeline and similar actions – such as scrapping new oil leases – had nothing to do with the rise in gas prices.
“My effort to fight climate change is not to raise the price of gas or increase its availability,” Biden said, urging Americans: “Let’s beat climate change with more comprehensive innovation and opportunities. We can make our economy and consumers less vulnerable. for such price increases when we do. “
With Post wires