Categories: Business

Restarting Keystone XL construction ‘wouldn’t actually increase supply’ of oil: top Biden adviser

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That’s the White House’s top economic adviser, in an interview with CNBC on Friday, dismissing the notion of rethinking the Biden administration’s decision to cancel the permit that would allow construction of the Keystone XL pipeline.

Instead, National Economic Council Director Brian Deese said the focus is on measures aimed at lowering fuel prices as quickly as possible, he said, including President Joe Biden’s announcement Thursday that the U.S. would release 1 million barrels a day of crude from the Strategic Petroleum…

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