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The major consequences of Biden canceling American pipelines

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Rep. Mike Waltz, R-Fla., evaluates in on rising tensions at the Russia-Ukraine boundary as well as talks about the "Irresponsible Olympic Cooperation Act" he prepares to present to Congress.

REP. MIKE WALTZ: "When you're canceling American pipelines yet greenlighting Russian pipelines, you have actually placed much more cards into Putin's hands. The high rate of oil and also gas has actually made him flush with cash. As well as now this Nord Stream 2 pipeline ready to come on the internet really offers him, I indicate, it gives him a handful of aces in creating dependence in Western Europe and being able to cut off Eastern Europe and also Ukraine in the center of winter."

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The major consequences of Biden canceling American pipelines

Rep. Mike Waltz, R-Fla., weighs in on rising tensions at the Russia-Ukraine border and discusses the “Irresponsible Olympic Collaboration Act” he plans to introduce to Congress.

REP. MIKE WALTZ: "When you're canceling American pipelines but greenlighting Russian pipelines, you have put more cards into Putin's hands. The high price of oil and gas has made him flush with cash. And now this Nord Stream 2 pipeline about to come online really gives him, I mean, it gives him a handful of aces in creating dependency in Western Europe and being able to cut off Eastern Europe and Ukraine in the middle of winter."

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FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.

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