South Dakota residents are furious at the news that Canadian developer TC Energy officially pulled the plug on the Keystone XL pipeline after President Joe Biden canceled the project almost immediately after taking office, according to The Washington Examiner.
Small business owner Lauri Cox described the news as feeling like a “gut punch” when she discovered that the contractor was walking away from the $8 billion projects that she and other residents had counted on for their local economy.
The pipeline project was put on hold when the Biden administration pulled the permits needed for the cross-border pipeline to have the official stamp of approval that would allow them to continue the multi-billion dollar project.
“I am disappointed that TC Energy is giving up the fight,” Cox, who owns a hotel that would have housed pipeline workers told the Washington Examiner. “I know they and their subcontractors have lost a lot on this, but I feel like they have given up too soon.”
According to the Examiner, had the Keystone XL plan gone forward, it would have connected two existing pipeline that carried Canadian crude oil into the United States allowing for massive investment opportunities for the small communities along its route.
Some of the towns that would have been affected lacked hospitals, good schools, or access to basic things like grocery stores, all problems that would have likely been obliterated, had the pipeline gone forward as planned.
“Their promises lead to our communities’ investments,” Cox said. “This leaves our communities holding a lot of debt. [TC Energy’s] billions lost to our millions or tens of thousands should be looked at as relative figures. Our total loss will be seen in months and years to come.”
Peter Bardeson, business manager for the Laborers, Local 620 union in Sioux Falls, South Dakota was equally frustrated, saying, “I am so disappointed, pissed off, angry for what Joe [Biden] has done to the position we were in when it comes to energy production in the U.S,” Bardeson said.
“We were the largest producers of oil, gas, natural gas, and propane. He is choking the U.S. with the overturning of almost all of President Trump’s policies.”