U.S. Dependence on Russian Oil Exposed by Ukraine Crisis; Currently Purchasing 650,000 Barrels Of Oil A Day From Putin

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Vladimir Putin
Reports indicate that the United States is currently purchasing 650,000 barrels of oil a day from Russia – one of the world’s leading oil producing and exporting nations – a fact that has drawn bipartisan concerns in like of Russia’s invasion of Ukraine. File photo: Harold Escalona, Shutter Stock, licensed.

WASHINGTON, D.C. – The Biden Administration was criticized on Tuesday for its lack of domestic energy production and the apparent overreliance on imported oil from Russia, a situation exposed by the ongoing crisis in Ukraine.

Rep. Elise Stefanik (R-NY) complained that the United States has been purchasing record amounts of oil from Russia in recent years.

Last year was a record in the amount of Russian energy that was imported into the United States – that was under Joe Biden’s watch,” Stefanik said.

Reports indicate that the United States is currently purchasing 650,000 barrels of oil a day from Russia – one of the world’s leading oil producing and exporting nations – a fact that has drawn bipartisan concerns in like of Russia’s invasion of Ukraine. Biden is currently facing calls to up domestic energy production in light of the Russia situation, and to reduce the nation’s overall dependence on other countries in this regard.

Both Stefanik and Daniel Turner, Founder & Executive Director of Power The Future – described in their website as a “501C4 with the mission of offering truth, facts, and research that will enrich the national conversation on energy” – have called for the resumption of construction of the Keystone XL pipeline which, upon completion, would be able to transport as much as 800,000 barrels of oil a day.

The Keystone XL pipeline is a project that Biden halted last year – citing environmental concerns – and Turner claimed that was a huge mistake on the President’s part.

“Keystone is emblematic of just the punishment this administration has doled out to the energy industry at large,” he said. “This example of how this administration has punished the fossil fuel industry, punished the infrastructure, and it has also then scared off a lot of investment. This government is making it impossible to bring things to fruition.”

Responding to White House Press Secretary Jen Psaki, who stated on Tuesday that there were no plans to reinstate construction on Keystone XL because it would “take years” for it to make a difference in the marketplace, Stefanik said that was a “terrible excuse” and that the pipeline “was almost finished” when Biden cancelled it via executive order.

However, Stefanik’s claim that the Keystone XL pipeline was close to completion at the time it was nixed by Biden was not accurate; according to Reuters, despite the fact that the Keystone XL pipeline had secured most of its funding, it was only 8 percent constructed when the project was halted.

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