This is part one of a series exploring the impacts of President Joe Biden’s cancellation of the Keystone XL oil pipeline. MURDO, S.D.—For over a decade, Jeff Birkeland had been waiting expectantly in the hope that the Keystone XL pipeline would finally materialize and bring with it a much needed boost to his rural community. His dreams…
Psaki Dodges Question About Laid-Off Pipeline Workers, Green Jobs
White House press secretary Jen Psaki on Monday dodged a question from a reporter about when unemployed Keystone pipeline workers can expect new “green” employment. The move to scrap construction of the Keystone XL Pipeline could directly eliminate an estimated 11,000 jobs and affect another 60,000. The action was part of a series of executive…
Federal Conservatives Call for Special Commons Study of Canada U.S. Relations
February 4, 2021
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OTTAWA—The federal Conservatives are calling for a special House of Commons committee devoted to Canada-U.S. relations. They’ll advance the idea during a debate in the House of Commons today devoted to Opposition business. Their motion would see the committee focus on the economic relationship between the two countries, and notes, given the ongoing pandemic, “the…
Keystone XL Pipeline Cancelation Impacts More Than Jobs
The cancelation of the Keystone XL (KXL) pipeline has made a tough year more difficult for Carter Knox, a fourth-generation pipeliner, who says it’s not just about job loss. “It’s not really a question of whether or not that’s what we’re going to do in our lives. It’s more so this is the family trade….
NTD Business Full Broadcast (Jan. 25)
President Biden signs an executive order to boost American manufacturing. He’s ordering the federal government to buy more from domestic factories. Most major markets are up again today. But with more people calling it a bubble, how can you protect your wealth? A new report warns about the widening wealth gap. The world’s billionaires saw…
Alberta Premier Calls Keystone Cancellation ‘Disrespect’ to Canada, Urges Biden to Reconsider
The premier of Alberta, Canada’s biggest oil producing province, urged President Joe Biden on Friday to reconsider his cancellation of the Keystone XL pipeline, saying the move was a snub to one of America’s closest allies. On his first day in office, Biden took a series of executive actions that included revoking a permit that…
Republican Senators Take Actions Against Biden’s Moves on Paris Agreement, Keystone Pipeline
January 21, 2021
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A group of Republican senators are taking steps to block President Joe Biden’s executive actions to rejoin the Paris climate agreement and revoke a permit for the Keystone XL Pipeline. Sen. Steve Daines (R-Mont.) alongside other senators from central and western states said on Wednesday that they plan to introduce legislation to allow the Keystone XL Pipeline to…
NTD Business Full Broadcast (Jan. 21)
President Biden keeps signing executive orders. We look at the economic impact of canceling the Keystone XL pipeline. And the Biden administration has promised to make the rich pay more in taxes. How might businesses respond? A successful investor warns about the danger of the Fed flooding market with cheap money. He says investors are…
Children of Oil and Gas Workers Deserve Respect
Commentary Shortly after being inaugurated as the 46th president of the United States, Joe Biden issued an executive order revoking the Keystone XL pipeline construction permit. Canadians knew this decision was coming, but it was still a huge disappointment. This short-sighted decision will lead to the loss of thousands of well-paying jobs, particularly in Alberta…
TC Energy Cutting More Than 1,000 Keystone XL Construction Jobs as Work Halted
CALGARY—TC Energy Corp. is planning to eliminate more than 1,000 construction jobs related to its decision to halt work on its Keystone XL pipeline expansion project. The company suspended work on the project Wednesday as U.S. President Joe Biden cancelled a key presidential permit for the pipeline border crossing. TC Energy had earlier warned that blocking the project…
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