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Many Consumer Prices Are Higher: Time to Eliminate Government-Imposed Economic Roadblocks
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TC Energy reports strong second quarter financial results
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Ömer Faruk Gergerlioğlu yeniden Meclis te
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by Tyler Durden
Wednesday, Jul 07, 2021 - 06:25 PM
While White House press secretary Jen Psaki hilariously tells the media that Joe Biden s administration is constantly monitoring and watching the price of oil (as if they can and will do
anything about it), the company behind the abandoned Keystone XL pipeline is suing the U.S. government for more than $15 billion in damages.
In a press release out last Friday, TC Energy announced it had filed a Notice of Intent to initiate a legacy North American Free Trade Agreement (NAFTA) claim under the United States-Mexico-Canada Agreement to recover economic damages resulting from the revocation of the Keystone XL Project’s Presidential Permit.
Taxpayers may be on the hook to compensate the Canadian energy company behind the Keystone XL pipeline project. Just as he promised, President Joe Biden revoked the permit for the Keystone XL pipeline on his first day in office. The move appeased climate change hawks, but resulted in thousands of hardworking construction workers losing their jobs. TC Energy, the Canadian-based company responsible for the pipeline, is seeking to recover
more than $15 billion in damages caused by Biden’s permit cancellation.
In a news release last week, the company said it had
“filed a Notice of Intent to initiate a legacy North American Free Trade Agreement (NAFTA) claim under the United States-Mexico-Canada Agreement to recover economic damages resulting from the revocation of the Keystone XL Project’s Presidential Permit.”