Post by M. Hawbaker on Nov 8, 2021 16:21:57 GMT
The Biden administration is reportedly weighing the potential market consequences of shutting down an oil pipeline in Michigan, drawing criticism from opponents. Former Michigan Gov. Jennifer Granholm, Biden's energy secretary, predicted Sunday that heating prices will rise this winter regardless of the Biden administration's decision on the pipeline. "Yeah, this is going to happen. It will be more expensive this year than last year," Granholm told CNN.
Line 5 is part of a network that moves crude oil and other petroleum products from western Canada, transporting about 540,000 barrels per day. Petroleum is taken from the pipeline in Escanaba, Michigan.
www.foxnews.com/politics/biden-admin-considering-shutting-down-michigan-pipeline?fbclid=IwAR00TtTdajUN4Hwgpvkpl1OMzy4qaRnH23CBWTMtrBbOWJ2hpVeJ6wFIGqI
Line 5 is part of a network that moves crude oil and other petroleum products from western Canada, transporting about 540,000 barrels per day. Petroleum is taken from the pipeline in Escanaba, Michigan.
www.foxnews.com/politics/biden-admin-considering-shutting-down-michigan-pipeline?fbclid=IwAR00TtTdajUN4Hwgpvkpl1OMzy4qaRnH23CBWTMtrBbOWJ2hpVeJ6wFIGqI
