It seems as if Joe Biden has his eyes on shutting down one other pipeline and once more creating shocks in gasoline costs.
Per a brand new report from Politico (subscription required): “The Biden administration is gathering data on whether shutting down the Line 5 oil pipeline in Michigan would lead to fuel price shocks in the region, according to people familiar with the administration effort.”
Back in June, Biden refused to reverse his cancellation of the Keystone XL crude oil pipeline allow, regardless of makes an attempt from Canadian officers to persuade him in any other case. Biden nixed that specific pipeline the very day he took workplace.
The Michigan Chemistry Council vehemently opposed Biden’s reported pipeline plan.
“Shutting down Line 5 is a terrible idea with disastrous consequences for Michigan and our neighbors,” it wrote in response to the Politico report. “Michigan Public Service Commission’s new Winter Energy Appraisal reveals that propane provides are tighter and costs are up.
“There is no real plan in place to ensure a reliable, resilient energy supply for Michigan as we enter the winter. Pipelines remain the safest, most reliable, and most affordable way to transport the energy we need.”
Biden, nevertheless, doesn’t seem to worth these issues.