why did he shut down the keystone pipeline?t is 800,000 barrels a day versus what russia versus what we import from russia, that is about 600,000 barrels a day. liz, what i'm more concerned about as well, not only, i urge the administration to not import russian oil. i'm glad they did that because we were funding putin's war machine and this bloodshed but to turn to the other dictators in the world, like venezuela with maduro, or like the ayatollah in iran this is the fundamental, you know, flawed energy policy which leads to bad foreign policy. we need to produce more of that here in the united states. elizabeth: where are the human rights watchdog groups and the "squad," pelosi, schiff, schumer, what you said about iran and venezuela? we had the white house press secretary hammering away about u.s. oil industry not drilling on 9,000 leases. the oil industry is saying wait a second we are drilling flat-out. that is only a quarter of leases we're working on, 9,000 figure. white house press secretary says takes a year to bring u

one of them come i keeppe hearing the keystone pipeline is the reason oil prices have increased.hen i was hearing yesterday it was do to russia helping to increase the price of oil. the other question is on the keystone pipeline, my understanding is the pipeline was going to the indian reservation and they didn't want it and they sued and won the case sweat was to be denied access and that's what i'm trying to find out because i am hearing three or four different things. so if it lives illegal to go to the indian reservation for the pipeline and weou have to reroute that around oklahoma to get it to where we want to go if that is the case. and then the other thing then why can't we go around oklahoma quick. >> a couple of things. for your information i am native american i'm part of the chickasaw nation from oklahoma. they keystone pipeline with any controversy at all what you are referring to is a sue reservation in the dakotas and you are exactly right they have every right to prohibit that it wasn't through the reservation but it was close with a few hundred feet and that need

keystone xl being a pipeline to bring oil from canada. that is an argument that has symbolic value, but keystone would not be delivering oil right now even if biden had not canceled it. but, there is this notion if biden had just not canceled keystone we would be fine. keystone would not be open even if biden had not done anything. democrats have been under fire now that domestic production becomes more popular. the democrats feel a little bit cornered saying that we already have 9000 permits to drill on federal land. well drilling on federal land will make up -- will not make up what we need to lower gasoline prices. it is symbolic of the biden administration trying to say we are not doing anything to impede local or domestic production right now. and that is true. it is not up to the president as much as people try to pin that on whoever is in office. host: how much does europe rely on russia at the end of the day? how important are the imports coming into europe? guest: to this point it has been huge. they have really kind of been forg

pipelines keep getting resurrected, like the number 45 resurrected keystone xl. there are pipeline battles happening all across the continent from louisiana up to the north slope of alaska. and i ll tell you something. we need all the help we can get. may is an inspiring, dedicated and powerful leader, and how appropriate that in a time of planetary change and the demise of power and the influence of men, that our oanization, 350.org, is led by such a caring and visionary woman. [cheers] i have great faith in the future. ladies and gentlemen, friends and family, may boeve. [applause] hello, everyone. thank you so much. thank you, clayton. and i'd like to start by honoring the traditional owners of this land, and express my gratitude to be here, to have grown up in sonoma, california. we are witnessing the dying gasps of the fossil fuel industry, and the tyrants they support. [applause] we are witnessing the unfolding of a just transition, a new way of making energy. and we may be witnessing a new way of being with and among each other. as i reflected on today, i

i don't see a problem with the keystone pipeline. second of all, the gas prices affect us but if we went to clean energy, it would take even longer to fill our tanks, our batteries. i can fill my tank in three minutes. it takes 40 minutes to fill up my car and not everybody has a house to be able to charge their vehicle. that is a problem. but the question i have is when the strategic oil supply has opened up who gets that oil and do they pay for it? how does that work? host: ok. which one of you would like to take that question? guest: charles, do you want to take it? guest: in terms of who pays, the u.s. government buys when prices are low and that is the best bet to fill the petroleum reserves. it is the american taxpayer who essentially holds onto oil for exact moments like this when there is a strategic problem or crisis to be able to relieve pressure. it is the right thing to do to release that oil from the strategic reserve. but it is a band-aid not a long-term solution and that is where we need consistent policy and vision fo

and stopping the keystone pipeline was an affront to them and economic damage them.heyey did not deserve that. again, they have been good partners to the united states of america. firm allies and ferment friends we can work to the keystone this was a concession not that native american movement but the environmental movement that is not when she is fossil fuel. in terms of driving a prius, when the president decide to stop new leasing and exploration on federal land it's probably a bigger factor in the short term. federal lands constitute about 20% of the surface area of the united states in the west in particular their extraordinarily narrow ridge full of oil and gas deposit. it also stopped new offshore drilling and exploration. rumor gas and oil prices were going up before they went into ukraine went up dramatically. we canen thank the biden administration for that but we had an economy 3.5% unemployment rates were roaring along pre-covid and nobody was complaining about the price at the pump because it was over a dollar less than it is today. this is a policy dri

the keystone x.l. was less than 10% complete when president biden took office. it would not now or in the near future be ready. while some drilling has been stopped, companies are sitting on thousands of undrilled permits. let's go to sammy in new york, independent line. go ahead. caller: yes, i just want to make a comment. there's one russian leader stated denial is the first impulse of a traitor. that's who putin is. that person who stated that was a former russian leader. josef stalin. so putin is a pig, is a low-life. i hope he rots in hell. host: the president's decision on imports of oil, what do you think about that? caller: you know, america used to be one of the most prominent countries about oil and everything before. i do not know why they have to depend on outside resources. it's a shame and a disgrace what the u.s. government is also doing. and we should be self-sufficient. we should be independent. to make this country great again. thank you. host: let's hear from earl in nashville, georgia, democrats line, earl, go ahead. caller: good morning, c-s

keystone would bring in more oil. yes, there's a lot of canadian oil coming through lots of pipelines. but keystone would bring in more oil faster. and, you know, that's what we need. but i got to say, it's not just the keystone xl pipeline. the biden administration right now in violation of a federal court order has put a hold on new federal oil and gas leases. i heard jen psaki talking about, the oil companies have 9,000 leases or something like that they're not using. oil companies use the leases that produce and make sense economically. just because a lease has been issued doesn't mean it's worthwhile producing right now. it all depends on the economics. what joe biden should be doing is unleashing the oil and gas sector for getting the climate agenda, nothing -- we're not accomplishing anything anybody. -- anyway. emissions are going up with no end in sight. people cannot afford gas prices this high. it's going to cause more inflation which is another thing joe biden doesn't care about. >> we think about gas, it'

he can restart the keystone xl pipeline.spite of the lies that he and jen psaki have been selling and telling, according to the premier of alberta, canada, this pipeline could be turned around in less than one year. once completed it would increase crude oil capacity in the united states by almost 900,000 barrels a day, which would make up and then some all of the oil that joe has been imported from russia. and he wouldn't have to beg venezuela and iran for this is only -- most people don't know that in europe, the biden administration is opposing the eastern mediterranean pipeline which would supply western europe with natural gas from israel. joe needs to immediately support this. he doesn't anymore. he is controlled by the climate alarmist cult. if the administration was a reverses course now and gives the green light to all of these projects, much-needed natural gas would begin to flow into europe. it is desperately needed and we can wean our allies off of russian oil and energy him to stop making prudent and rich again

is restarting keystone construction one of them? we are trying to bring about more supply, that does not address any problem. >> she never said no keystone. she just said no plans for that remember, they had long said there was no strategic benefit to banning russian oil and they did that anyway. this evening, president biden is on the move as we speak motorcading to a meeting with senate democrats that is closed press. bret? >> bret: peter, what about that keystone project. when it ended did the white house follow up with workers? >> no, at least not with everybody. remember, it was john kerry who came out and said people working in the oil and gas industry can get no jobs making solar panels instead. but some of the 1500 who lost theirs on the keystone xl job site are telling fox business that nobody that works here at the white house has reached out with one 54-year-old pipeliner going so far to say even if somebody did follow through and do what they said and offer green job, that his decades of training and experience in fossil

is this the keystone cops slamming the keystone pipeline? why critics say joe biden so beholden to the far left weakened u.s. infrastructure, he choked off or tried to u.s. energy. if biden kept u.s. energy going, your on would not putin, that is what they say. putin would not make billions from ukraine. far left democrats try to exploit ukraine to advance their own political agendas. we will explain. gop senators meet with truckers to talk about botch the shutdowns at the two year anniversary of the pandemic. what america endured. the same attitude shuts down energy. the cdc says, yes the science is gray, fuzzy on vaccines. the former nih director caught on camera saying yes, the unvaccinated should be fired. i'm elizabeth macdonald. "the evening edit" starts right now. ♪. elizabeth: welcome to the show. you're watching the fox business network. we begin with stocks down again today. the nasdaq falling further into bear territory. stocks were trading higher earlier in trading session. buy on the dip action did take over in breath and tech s

we have all heard about the biden administration canceling the keystone x.l. pipeline. union welders in my district lost their job when that pipeline was closed. when i talk to them they said do you realize this pipeline was going to use total renewable energy to pump the oil from canada to the gulf of the united states? it was actually green jobs being used to transport the oil. we produce energy cleaner and more efficiently. we are better stewards of the environment here than anybody else in the world. we don't need to be buying russian energy. we don't need to be buying iranian energy, or venezuelan energy. we need to produce energy of all forms and all types here in the u.s. and do it better than anywhere else in the world. do it where we have reliable energy. we have affordable energy. and where we have the cleanest energy. i want to recognize and introduce our republican whip from the great state of louisiana, steve scalise. mr. scalise: thank you, bruce. we continue to stand with the people of ukraine. and i think the whole world is admiring the strength and tena

restarting keystone pipeline.said the poip line is not an oil field and getting it running wouldn't increase supply and bring down prices. if the president changes his mind. keystone workers say they can get the job done fast. >> as far as building the pipeline, we got the workforce that can do it in eight months' time we'll have the pipeline up and running. >> the president warned prices we're seeing now will probably increase. white house is asking producers to take full advantage of the leases that are available now saying that they have the permits necessary and in jen psaki's words they don't need an embroidered invitation to drill. >> bill: jackie heinrich from the white house. >> dana: joining us now is mike sommers president and ceo of the american petroleum institute. i imagine you would ask the white house to learn more. when she talks about the fact there is all this opportunity for drilling to be done in america, how do you respond? >> well look, dana, right now there are over 100,000 active federal le

we are using the keystone xl pipeline.t the russians but we can't use the keystone pipeline where the oil will be flowing from canada and making up for that russian, the russian deficit that we are now in because we voted on suspending imports from russia. i'm concerned about this, it was a hard decision to make on the floor. in my district, people are struggling. senior citizens and others were paying an incredibly high amount for gas. people had to travel to work, we don't have public transportation in many areas, so this complete energy illiteracy that's taking place in this country is concerning. even the white house put out once we have clean running electric cars, no longer need fossil fuels that can be leveraged against us. i'm paraphrasing a tweet that came out of the white house this afternoon, it couldn't be more naive. how do they think the grid is operated to run those electric cars? we use natural gas and coal and fossil fuels to keep that grid running. >> trace: the white house keeps saying the keystone xl pi

say this with the keystone pipeline. unfortunately that's done. people who they have put the nail in the coffin, keystone pipeline. so, the people who originally built it said they are done with it. one other quick problem. even if joe biden were to announce i'm going to go back to the trump policies drilling whenever we can do it, alaska, texas, oklahoma, i have talked with c.e.o.s, they don't trust joe biden. they don't know if he says today you can do it and six months from now when the war is over in ukraine they say you can't do it. the companies are not going to invest billions of dollars when they don't know if it's red light or green light. >> sandra: that's right, and robert, the keystone pipeline, a lot of people are out of work because of the shutting down, a former pipeline worker saying we tried to warn you, listen. >> we hate that it's taken a war in ukraine and the suffering of their people for full attention, we tried to warn the administration when they canceled the keystone pipeline, just the keystone pipeline you were not cancel

the keystone was not an oil field.s a pipeline oil flow in through other means it would have nothing to do with the current supply imbalance. >> you say that you are going to do everything that you to reduce the impact that high gas prices have on americans, we're asking other countries to think about maybe pumping more oil. why not just do it here? >> well, to be very clear, federal policies are not in the limiting the supplies of oil and gas. to the -- let me finish, let me finish. >> an executive order his first week that halted new oil and gas lease lease. >> let me give you the facts here -- and i know that can be inconvenient -- we are one of the largest producers oil and gas industry. we have actually produced more oil. it is at record numbers. and we will continue to produce more oil. there are 9,000 approved drilling permits that are not being used. >> ainsley: okay. so, she goes on to blame the ukraine invasion for the high gas price. let me remind her the ukraine invasion started 13 days ago. gas prices have

the keystone pipeline was two years away. it had been 2% finished. a break. >> i'm sick of this stuff. we had to talk about it, because the american people think the reason inflation men -- it's simply not true. >> sean: simply is true. unless you are really that dumb, joe. you have to be really, really dumb to believe that. joe biden is now, i blame all of my failures on vladimir putin. that is not going to fly. gas prices, as every american knows, already way up before putin invaded ukraine. inflation was already had a 40 year high before vladimir invaded ukraine. by the way, the oil and gas market -- that is a futures market, joe. i know that's probably a little too complicated for you to understand, especially in your cognitive state at this point in your life, but according to alberta's premier, that keystone xl pipeline that you put the acts too? it would've been completed by today and canada would be sending us 900,000 barrels of oil a day. we can get it done in eight months and we won't have to be importing oil from russia and banging some of

they said the same thing about keystone an end war and anwar.d that online, you would have domestic, beautiful american energy on line eight years ago. i don't understand their problem with keystone. you don't like canadian oil? bring it down refine it in the gulf, and put it in american gas tanks? what's wrong with that? you know what biden did to our natural gas -- he murdered them with a bunch of regulations, so it makes it harder for us to ship natural gas to allies in europe. he froze the new permits and leases on federal land. he's doing the opposite of what a normal person would do during an energy crunch. i don't understand the guy. it's not like all of a sudden, europe can leave russian oil and gas. you can't just build solar panels and wind farms all over europe. there's not a lot of clear wind. you need flat, open, sunny, windy air and land. they don't have that in your. it's clearer now that i don't have common sense. the american people are paying a steep price. we could fix it like that if we wanted to. >> does biden lack common se

it would restart the keystone x.l.ipeline, reopen our federal lands and waters to access our abundant natural resources and it also includes a provision, legislation that i authored to cut the red tape and unleash american liquefied natural gas export which is our allies in europe are currently clamoring for. ultimately to get out from urn the boot of putin's energy dominance. there's still time make things right, ma'am. so i'm urging this chamber to consider h.r. 6858 immediately and with that, madam speaker, i yelled pack. the speaker pro tempore: the gentlewoman reserves. the gentlewoman from california is recognized. mrs. torres: i reserve. the speaker pro tempore: the gentlewoman reserves. the gentlewoman from minnesota is recognized. mrs. fischbach: madam speaker, the prices american consumers are paying at the pump is directly affected by how much oil is produced domestically. canceling american oil production jobs while seeking it from dictators is not only nonsensical but also is against our national interests

keystone plus up and running. of crude that we would generate just from that action alone. are they not thinking of the future here? >> again, it is so deranged. so let's stay dependent upon foreign sources of oil, primarily russia, while we could be ramping up our own energy production. never mind that she says it may take a year to three years. that's better than remaining reliant on russia. you know, when they talk about their green energy plans, it will also take years upon years to get to that point. so why not unleash american production today? let's put american workers back to work. let's open up that keystone xl pipeline. let's allow american energy to dominate rather than again be reliant upon somebody like vladimir putin and russian oil. >> harris: quickly, tell us about a vacuum bomb and why in the world would putin go there. because he knows he can't do that. >> no, he should know he cannot do that. and this is so disturbing. it is something that the ukrainian ambassador brought up in our ukraine cauc

you were scheduled to work on the keystone pipeline -- >> yes.und out it was closed, what's going happen what was your first reaction? >> i was just dazed you know i waited two months to get on the job. and then when i fund out it was closed -- i lost about three months of work i didn't have anything else lined up. >> after he canceled our pipeline he endorsed nord stream 2 going from germany to russia and that was kind of a slap in the face to us. >> doesn't make any sense to me to buy something from another country when you can supply it yourself. i'm sorry -- industry is affecting all of us. lawrence: what do you say to go full solar and electric vehicles? >> i agree let's move towards that let's move towards something cleaner and something that is better for the environment but what we're doing is not bad for the environment right now anyway. but if that's what they believe then let's move towards that but just dropping what we're doing right now -- and just jump on to something that's not reliable that's not going to work. >> these people do

caller: they shutdown the keystone pipeline.hey shoot themselves in the foot and then complain about it. we are not ready to go green. we are not ready to get all electric cars. we are just not ready. gas prices -- i hope the gas pricing wakes people up and you are like, ok, maybe we should pump more of our own oil and become energy independent. globalism, whatever. this whole ukraine thing is making me so sick to my stomach. putin is a horrible person. i am disgusted with russia. you cannot protest without going to jail for 20 years, but on the january 6 insurrection the u.s. does not look much better. they want to do this aid package to russia and these senators, their children are going up to ukraine and getting paid millions of dollars to sit on board they are not part of. ukraine is the most corrupt country in the world. we should not be giving them money at all. host: that is matt in maryland. the washington post looks at the keystone pipeline which some have raised them and they make this point, keystone was less than 10%

we were a net exporter of energy but from very early on with killing the keystone pipeline and taking federal lands off the key for exploration and signing leasing and before ukraine ever happened, we saw rising gasoline

the president canceled the keystone pipeline, and then he stopped new oil and gas leases

specifically the keystone pipeline. the keystone pipeline from canada that was supposed to go down to the gulf of mexico is sour crude. sour crude is crude that has a high amount of sulfur, sulfides and it. that pipeline, the keystone pipeline, was made, built, being built directly to ship sour crude down to the gulf to be loaded onto tankers to go to other countries who had more capability in getting the sulfur out of the crude oil. host: how does that affect what you are seeing today as far as gas prices in this debate over gas and oil issues with things going on in russia? how does that affect that? caller: what's happening is the crude oil that comes from russia is sweet crude. our country, the refineries, the majority of them have, they have facilities in their refineries for sweet crude only. they are not set up to get the sulfides out of the crude oil like the ones in south america and europe and other areas of host: gotcha. -- of the world. host: gotcha. let's go to john. caller: looks to me like from the report

republicans say it's a result of president biden canceling the keystone pipeline project and a temporary halt on new drilling leases on public lands. >> the president's team wants to pretend this lengthy problem only started two weeks ago, but american families have been paying for democrat bad policies for a lot longer than that. >> reporter: independent senator angus king argues against those claims. >> was it because of the cancellation of the keystone pipeline? no. most of the oil going through the keystone pipeline was scheduled to be exported. >> reporter: last night president biden delivering a speech to the democratic national committee saying russia's invasion of ukraine is to blame. >> people are already, already feeling putin's price hikes at the pump. we are increasing oil production with a record productivity by the end of the year. we will have produced more oil than any time in the last number of years. >> reporter: the record gas prices coming as the latest inflation report shows the cost of just about everything is still going up. the inflation rate for february reaching

the keystone pipeline has never been operational. >> the keystone pipeline was not operational. >> the pipeline is not -- it was partially built. it's not really functioning. suggesting that changing that would lowter price of gas, i don't know that that makes substantive sense. >> all right. i have great respect for jen psaki and the people trying to push this argument that the pipeline or domestic production doesn't weigh-in on the price of oil. the fact of the matter is and she's right about this, that at the time the president essentially shelved keystone, the prospect of getting oil from it immediately anyway was remote. it was at least a year away to get some oil and years away to get the 830,000 barrels that the administration of donald trump was trumpeting at the time.we'll talk to his energy secretary about that. ebb want to stress here, oil trades on the global market like a stock. so it reacts to developments like it did january 20th when oil prices jump and continue jumps. in large part, jen psaki is say that comes out of a stocked economy from the pandemic. absolutely so.

the problem getting keystone finished there were issues with exports with keystone.ing to provide an immediate release. it has to be built. canadian oil is coming to the united states. i think it's a broader symbol for investors. and greater permitting for u.s. and national gas exports. with the volume into europe, helping them deal with their situation now involving russian imports but again, if xl could not provide immediate relief even with immediate u.s. relief. if u.s. producers start putting more rigs to work that oil is not coming for another six months. hence why we've caused countries like saudi arabia, if you need immediate oil, only a small number of countries can quickly provide barrels. that's why there's concerns about inflation. that's why they're concerned about much higher energy prices. russia is very, very difficult, on a global scale to replace right now. >> is it the takeaway for americans, we don't want to be -- we don't want to be dependent upon anybody else, whether it's the middle east, vis-a-vis oil goiiing back, to l in the last 30 years we

those hundred thousand drug overdoses last year nationwide, 5,000 right here in the keystone state. thirteen of your fellow citizens on average every day, dying in pennsylvania from drugs largely coming across the wide open border. you've got those like larry in philadelphia who refuse to even prosecute serious crime. you have a third of all criminals out of jail, what you think happens? a 40% increase in the murder rate. democrats want to defund the police and undermine the rule of law. they want an excuse and to apologize for all criminals and that is not what republicans do. we stand up for law enforcement and we always backed the blue. we will never defund the police. [applause] and we believe that there is one place for criminals. it's behind bars. it's time to lock them up once again until the streets and the communities are safe. that's what the american people expect from us. that's what we have to deliver for them. that's the kind of future that our kids deserve. to be able to walk to school in the morning without fear. to let them go to a park and playing without fear. we

the keystone pipeline, if they resumed construction of the keystone pipeline today, how long would it be before the keystone pipeline was finished? >> not in any time to deal with any of the increases we're seeing now. >> i think the estimate is 11 years from now. and somebody mentioned that that was oil that was going to be used in the united states. is that correct? >> i don't believe that's correct. you pointed to oil production here, most is shipped other places and not kept here. >> exactly. let's talk about the defense department budget for a minute. the statement has been made -- and i know a lot of republicans are calling for 5% in addition to inflation. does inflation, the figure that we see now, 7.9% annual rate, does inflation affect every entity the same way? >> it does not. >> so if you're in the pentagon and you're using a lot of gasoline, you probably are not going to the pump every day and filling up the tanks in the jeeps and those things. you make contracts for that gasoline, don't you? >> that is correct. and you typically lock in a price. >> exactly. and to say tha

remember, same thing, keystone pipeline was years out. and second, most of the keystone pipeline oil wasn't staying in the united states. most of that oil was going to be shipped overseas. there's a reason why the keystone pipeline was ending up near the terminals in the gulf that end up sending oil to places other than the united states. once again, the keystone pipeline was not a guarantee for american energy independence. that was a guarantee that the majority of that oil was going to end up in some other country. and so, if you're serious about energy independence, then you're not serious if you're talking about getting there through drilling. just not a serious solution. because the facts tell you that the drill only happens when the oil industry makes enough money and that the lion's share, at least half of that oil and gas, can end up going overseas, not to american consumers. you know how you make this country energy independent? investing in renewables. we don't ship wind power overseas. we don't ship solar energy overseas. when

the keystone was not an oil field. it's a pipeline.he oil is continuing to flow in, just through other means. so it actually would have nothing to do with the current supply imbalance. >> sean: with reaction, peter doocy. but she didn't mention there is that the administration not only couldn't shut down keystone, but auctions for drilling exploration in states shut down alaska drilling, other domestic drilling, and put all sorts of regulations and a hold on any new production. so she wasn't being honest with you, peter. >> well, that's the complaint, but the white house keeps telling us there are 9,000 unused oil leases on public lands. go ask oil and gas producers why they are not tapping into them. and when our colleagues have reached out to these oil and gas executives, that is exactly what they say. the reason they are not going into the ground right now is because the regulations are too burdensome, and those are regulations that joe biden put into place during his first week in office. but this white house is very sensitive to t

they shut down the keystone pipeline. going to shut down oil and natural gas, even though it is the cleanest in the world here in the united states of america. we should be saying yes to north american energy. the keystone pipeline was thousands of jobs as well as us being able to import from our friend and ally canada versus russia. what we saw in the last year was under the biden administration russia imports of crude oil had increased, increased nearly 25%. again they're putting their critical agenda ahead of what is best for america. we need to flip the switch. elizabeth: okay. >> energy dominance is so important. it is important to families, it is important to our economy. we cannot be a diplomatic power without being a military power, we cannot be a military power without being a economic power and energy is foundational to all of that. elizabeth: sarah bloom raskin withdrawing her name, that was the president's nominee to the federal reserve, she would have violated the fed's dual mandate and lower prices because s

are going to go up. >> bret: here is the keystone pipeline debated incapsulated. with infrastructure in this country. taking the moratorium off producing oil and gas on federal lands, both on and offshore. >> the keystone was not an oil field. it's a pipeline. it actually would have nothing to do with the current supply imbalance. >> bret: guy, what about that. >> this we minds me of the debate we all washed out during the obama administration over keystone and energy policy and we remember as a candidate barack obama said proudly that his energy policies would create prices a run on prices where those prices for american consumers would necessarily skyrocket was the phrase and he said that was a feature and not a bug in his policy. and whenever there was a discussion of any temporary pain or momentary frustration or prices going up, the argument always would come from the other side from the democratic side saying oh, you know, well, that might be true but that would be medium or long-term it wouldn't help us immediately. well, here we are years later and i think

meanwhile, joe biden canceled the keystone pipeline causing oil prices to soar and destroying thousandsf american jobs in the process and shortly after he canceled the keystone xl pipeline he served putin on a silver platter. he approved russia's nordstream 2 pipeline. can you believe this? this is what i'm talking about. someone needs to tell joe biden you're wearing a america first jersey, not the russia first jersey. because joe biden has destroyed this country in record order including our border. protecting our border and national security is so important. there is a story that strikes me. biden's d.h.s. secretary recently told our border patrol saying i know the policies of this administration are not particularly popular with u.s. customs and border protection. that's the reality. what can we do within that framework? can you believe it? one border patrol agent reportedly turned his back on mayorkas. that is courage. standing up for what you believe in. i believe that border patrol agent is a hero for standing up and being fearless for what is right. and i'm going to ask you here

. >> carley: nbc reporter to deny the keystone pipeline would have had any impact on u.s.endence on foreign oil, listen. >> when they cancel keystone pipeline and stop renewing permits, what that does is make us dependent on foreign oil. >> the keystone pipeline was only a percent completed when joe biden canceled it so that would not change anything. that would take years to do the that. that will still gets into the u.s. with different means of transportation. just to complete the refiners does not mean it's going to the u.s. necessarily. >> you know the price of the oil goes to the keystone pipeline. >> carley: the researcher said the pipeline would deliver 830 barrels of oil which would have made up the oil import from russia. a political editor slammed joe manchin in a tweet accusing for senator of "willing to stomach insulation from ukraine but not major components of biden domestic agenda for saying this. >> if ever -- to support the people of ukraine, and support russia. >> todd: here, eddie scary columnist of "privilege victims," those horrible images coming out o

it is not just keystone pipeline, there are other pipelines and things going on behind the scenes.r boss is holding up new coninstruction, not just leasing side, it is transportation side. we could have that pipeline run nothing no time, we're that good. >> carley: if this country is running on oil and gas, we should be using our own. thank you for joining us, we appreciate it. >> thank you for have being me. >> todd: the biden administration considers a ban on russian oil import vladamir putin negotiators put their mark on the iran nuclear deal. how can that be in the best interest of the u.s.? we will discuss that. >> carley: check in with brian kilmeade with what is coming up on "fox and friends." >> brian: in 11 minutes, texas family raising thousands for ukraine exchange family. the student and host family will join us live with their hopes for a safe reunion, a real-life story and a pastor will talk about how he's helping evacuate refugees from a war zone, two million in all. and expert analysis from someone who just came back from seeing it up close and personal. how still b

we need the keystone pipeline to bring in. of this is required for energy independence, and brian, the idea that we are negotiating with iran for the nuclear deal and for as well as venezuela is wrong and puts us at great risk. >> you don't care about going against your party when you believe it is right and joe manchin is same way guess who else is like that bill maher on hbo talking about invasion of russia into ukraine and the timing. listen. >> if putin thought trump was really that supportive of him, why didn't he invade when trump was in office? it's at least worth asking that question if you're not locked into one thought. >> he won't be categorized not first tile host done this. what does it mean? >> well it means that things are so bad brian, that even bill maher misses donald trump. look, you know, they have all been locked in to the russia hoax and the midst and lies surrounding that smear that was designed to discredit and destroy donald trump. they've been fed that lie they've believed that lie. they have perpetua

is this because the keystone pipeline, yes or no? an etent, domestic drilling has rebounded but not at peak levels. >> why did domestic drilling stop or why did it slow down? >> the pandemic drove -- well, a couple reasons. you have to go back to 2014 when saudi arabia and russia flooded the world market with oil. to drive u.s. frackers out of business, making their business uneconomic. many went bankrupt. some emerged, so instead of drilling when prices were substantially lower than they were today, they returned capital to shareholders. now they're starting to drill again and production in the u.s. is back to nearly 12 million barrels a day, about a million shy of an all-time high. the keystone pipeline would have delivered, delivered, not produced 800,000 barrels a day. we still get that oil from canada. we just don't get it through the pipeline. >> would the keystone pipeline even be up and running at this point? would it be delivered? >> no. >> so what's the real reason for the major prices across the country that we're seeing?

i don't see a problem with the keystone pipeline.econd of all, the gas prices affect us but if we went to clean energy, it would take even longer to fill our tanks, our batteries. i can fill my tank in three minutes. it takes 40 minutes to fill up my car and not everybody has a house to be able to charge their vehicle. that is a problem. but the question i have is when the strategic oil supply has opened up who gets that oil and do they pay for it? how does that work? host: ok. which one of you would like to take that question? guest: charles, do you want to take it? guest: in terms of who pays, the u.s. government buys when prices are low and that is the best bet to fill the petroleum reserves. it is the american taxpayer who essentially holds onto oil for exact moments like this when there is a strategic problem or crisis to be able to relieve pressure. it is the right thing to do to release that oil from the strategic reserve. but it is a band-aid not a long-term solution and that is where we need consistent policy and vision for

including keystone x.l. so this bill immediately approves keystone x.l.ipeline so we could import oil from canada not russia t removes restrictions on u.s. l.n.g. exports to deliver natural gas to our allies in europe. it restarts oil and gas leasing on our federal lands and offshore waters. this is how we shut down putin's war chest. stand by ukraine. empower our allies. protect our national security. and create jobs here at home. i urge my colleagues no on the previous question. yes on the american energy independence from russia act. the speaker pro tempore: the gentlelady's time has expired. the gentleman reserves. the -- mr. mcgovern: i reserve. the speaker pro tempore: the gentleman from massachusetts is recognized. the gentleman from pennsylvania has a minute and one quarter. the gentleman from massachusetts has a minute and a half. the speaker pro tempore: pennsylvania is recognized. mr. reschenthaler: i have no further speakers at this time. i yield myself the balance of the one minute i have left. the speaker pro tempore: the gentleman is recogn

stefanik: on day one of his presidency, joe biden killed the keystone x.l. line and launched his war on american energy independence and then joe biden gifted putin the nord stream 2line while importing a record amount of oil from russia last year. mr. president, it's time to unleash american energy independence. and at home, americans are paying the price for joe biden's anti-energy agenda that has caused the price of gas to skyrocket. in my home state of new york, people are paying over $1 more on a gallon today than they were just one year ago. making it the highest since joe biden was last in the white house. our southern border is being overrun. violent criminals and deadly drugs are freely flowing across our southern border because of biden and house democrats' open border policies. every state in our nation has become a border state because of this crisis. and, of course, crime is skyrocketing across the country because of democrats' defund the police policies and rhetoric, making all our communities less safe. and inflation is at a 40-year high and h

that's exactly what happened after the president on day one shut down keystone. as the oil that would come to the markets and now wasn't. so that's the same way the stock market goes. based on sentiments and expectations. yet this same old tripe continues where we base what is happening based on figures that the markets anticipates in, many months, even years gooing forward. what would be prong with the administration considering all in on everything? >> yeah, you know, you're right to say that expectations factor in significantly. the expectations for inflation, expectations for reliable sources of oil. this is one of the things that big oil companies have had to deal with. in not having an open permitting policy, they say we're not going to spend money to expand capacity in the united states. that is a problem. now we're all dealing with -- >> neil: what would be the difference if they did, david and they said, all right, we're going to look at the domestic production. we're know keying on it but these are urgent times. what would the effect be? >> i think it's

guest: most of the keystone pipeline is built. and i think the way one wants to think about the keystone pipeline is let us just do the counter. suppose president biden had approved it. president trump did not approve it either. we do not have keystone pipeline. let us say that little spur that was not built, we needed it. it takes a couple of years to build a pipeline. even if the biden administration had approved it would not be helping us now. and when you think about investments, one of your callers mentioned it, it is a challenge for companies because you do not build the pipelines because you will need it for two years. you needed because for 20 years you will need it. and that raises the question, what will i need in 20 years. and i think that even for the companies that build pipelines, the question is do i want to build a new pipeline and i will be able to use it for 20 years. one of the things that i have talked to industry leaders about and they have told me is that in the natural gas industry one of the things that com