White House officials maintain they do not want to revive the Keystone XL pipeline that Biden axed on his first day in office.
Officials familiar with the matter told the Wall Street Journal that the Biden administration is looking for ways to import more oil from Canada.
Options are limited, however, as rail transport is expensive and existing pipelines are at capacity. White House officials say Biden refuses to consider bringing the Keystone XL pipeline expansion back to the table, which would have carried 830,000 barrels per day from Alberta to Nebraska.
Canada has enough reserves to meet US demand, said an analyst with S&P Global Commodity Insights, but it simply does not have the pipeline capacity to deliver it.
Jason Kenney, premier of Alberta which holds the majority of Canada’s oil, is pushing for reviving the Keystone project. He has criticized the Biden administration for ignoring Canada while negotiation with oppressive regimes such as Venezuela and Saudi Arabia.
“Instead of going cap in hand to the Saudis, Iranians and Venezuelans to replace Russian energy, instead of replacing dictator oil with dictator oil, come to your liberal democratic friends and allies in Canada,” his spokesman said.
The White House maintains that implementing Biden’s plans to promote electric vehicles would save Americans over $900 a year in gasoline costs and promote “millions of good-paying union jobs”.