Fox Business is reporting that president biden is considering shutting down the Dakota Access pipeline. The Dakota Access pipeline has been operating safely for three years and carries crude oil from the Bakken shale to Illinois.
There is no reason to shut it down. It's operating just fine, and even if it wasn't operating, that 30: pipe would still be in the ground. Shutting it down now would be arbitraty, capricious, ad would hit all Americas in the pocket book.
Agricultural economist Elaine Kub said in a legal filing last fall that shutting down the Dakota Access pipeline would cost Corn Belt farmers more than $1 billion in annual revenue and “drive up food costs for consumers” as oil would command key space on railroad cars needed to transport agricultural products long distances.
The most efficient way to move oil is by pipeline. If it must move by rail, it will displace grain that normally moves by train, driving up shipping costs from the grain belt to consumers.
If president biden (not capitalizing him is a stylistic choice) closes this pipeline, he's simply being mean and hateful.