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Halting Keystone Pipeline Is Good for Russia: Nikki Haley

Economy Keystone Nikki Haley Politics Russia US US News

Halting Keystone Pipeline Is Good for Russia: Nikki Haley

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Former U.N. Ambassador Nikki Haley said Wednesday that the Biden administration’s axing of the Keystone XL oil pipeline project and what she said were moves to “ban fracking” both play into Russia’s hands. “[Russian President Vladimir] Putin has to be pretty ecstatic right now,” Haley told Fox News on Wednesday. “One of the things that bothered him the most was how energy independent we had become.” The United States under the Trump administration became the world’s top producer of oil and maintained its position as the top global producer of natural gas. The country in 2019 became a net exporter of petroleum (crude oil and refined) products for the first time since 1949, and is now in its fifth consecutive year as a net exporter of natural gas. Biden’s early steps after taking office represent a sharp break from the Trump administration’s efforts to maximize fossil fuel production. On his first …

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