The guys, they spent billions of dollars. They weren't going to approve them. And actually, what happened is the Keystone was all set to go. It was started. They actually started it. Biden came in and he took [the Keystone XL pipeline] away. He took the permits away from everybody. I don't know how much money they lost on that deal, but they were going to build a pipeline all the way over, all the way over to the Gulf. (13:19–13:22)
CLAIM
Claims Biden revoked permits for the Keystone XL pipeline.
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