Roger Perry
Member
I have no idea as you are a long way from where I live!! But from reading the odd thing over past few years thought the closing of Keystone was more about sending a signal to the US and wider that exploiting shale oil is not on - to meet climate change objectives the price of fossil fuel has to rise to send signals to consumers to switch wholesale to renewables. The last few years the US has sucked in cheap shale oil - and for good economic reason. I presume this is the start of Biden administration rolling back some or all of the environmental deregulation of the Trump years and moving towards a different strategy.
The push by the previous administration on fracking has given US consumers cheap natural gas and cheap fuel............plus energy independence.
US also produces huge amounts of electricity from turbines and tens of thousands of acres of solar energy.
Not sure why the cost of energy has to rise, people are not going to switch wholesale to batteries, still need gasoline,diesel for decades to come.........it will be a blend of energy but needs to stay competitive. If you jack up the price of energy you lose your edge, lose jobs, everyone loses.