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Old 03-07-2017, 09:00 AM
 
Location: Living rent free in your head
42,872 posts, read 26,399,467 times
Reputation: 34081

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Quote:
Originally Posted by KS_Referee View Post
Who cares as long as it is completed and we can benefit from its operation? I don't care if the materials come from China, Mexico, or even Iran or North Korea, as long as they work.

Buy American is only as smart as the economics of it show. If one can purchase the same quality product from other countries, for quite a bit less, it only makes sense to do so. Freeing up money that would be spent on "Buy American" programs allows companies and individuals to spend that money elsewhere, gaining value for the money they would have lost due to a "Buy American" program.

Milton Friedman and many other economists have soundly shot protectionist "Buy American" programs down as they have also shot down import tariffs because the only thing a protectionist program or tariff protects an American company or consumer from is lower prices.
We aren't going to benefit from Keystone, quit kidding yourself. The Canadians aren't 'paying us' for allowing their oil to be transported across the US, the only thing it will do is raise the price of gas in the midwest by 10-40 cents a gallon because the pipeline won't terminate there, it will take the oil right to the gulf.

 
Old 03-07-2017, 09:19 AM
 
29,611 posts, read 14,753,693 times
Reputation: 14514
Quote:
Originally Posted by 2sleepy View Post
It gets even better, 24% of the steel used for Keystone will be Russian Steel!
"Canadian Public Safety Minister Ralph Goodale said on Twitter that allowing non-U.S. steel was "important for companies like Evraz Steel," a local subsidiary of Russia's Evraz PLC, which had signed on to provide 24 percent of the steel before Keystone XL's rejection by Obama". Keystone XL can be made from non-US steel: White House

And 50% will be from the US...




Media Advisory - 75 Per Cent of Keystone XL Pipe would be 'Made in North America'
 
Old 03-07-2017, 09:29 AM
 
Location: Living rent free in your head
42,872 posts, read 26,399,467 times
Reputation: 34081
Quote:
Originally Posted by scarabchuck View Post
And it was already purchased, that decision had NOTHING to do with Trump
 
Old 03-07-2017, 09:46 AM
 
29,611 posts, read 14,753,693 times
Reputation: 14514
Quote:
Originally Posted by 2sleepy View Post
And it was already purchased, that decision had NOTHING to do with Trump
Your point ? The title of the thread was "keystone pipeline not to be built with US steel" and apparently 50% of it is / was.
 
Old 03-07-2017, 09:49 AM
 
Location: Stasis
15,823 posts, read 12,492,592 times
Reputation: 8599
Over 1/2 the Keystone XL steel pipe will be/has been manufactured outside the USA - 40% from a Russian owned Canadian company:

"TransCanada has contracted with an Indian multi-national company, the Mumbai-based Welspun Corp Limited, and a Russian company, Evraz, to manufacture steel pipe for KXL.24. In fact, a significant portion of the $1.7 billion already invested in KXL by TransCanada has likely been used towards the manufacture and import of the pipe.

"TransCanada and other KXL proponents are giving the impression that KXL will create a high number of manufacturing jobs. This is simply not true. The main manufacturing activity related to pipeline construction is the manufacture of the steel pipe. The 36-inch steel pipe is the largest single materials input for KXL.

https://www.ilr.cornell.edu/sites/il...012312_FIN.pdf

https://www.desmogblog.com/2017/02/1...stone-xl-steel
 
Old 03-07-2017, 09:54 AM
 
Location: Dallas, TX
1,187 posts, read 1,025,553 times
Reputation: 256
Quote:
Originally Posted by katzpaw View Post
Over 1/2 the Keystone XL steel pipe will be/has been manufactured outside the USA - 40% from a Russian owned Canadian company:

"TransCanada has contracted with an Indian multi-national company, the Mumbai-based Welspun Corp Limited, and a Russian company, Evraz, to manufacture steel pipe for KXL.24. In fact, a significant portion of the $1.7 billion already invested in KXL by TransCanada has likely been used towards the manufacture and import of the pipe.

"TransCanada and other KXL proponents are giving the impression that KXL will create a high number of manufacturing jobs. This is simply not true. The main manufacturing activity related to pipeline construction is the manufacture of the steel pipe. The 36-inch steel pipe is the largest single materials input for KXL.

https://www.ilr.cornell.edu/sites/il...012312_FIN.pdf

https://www.desmogblog.com/2017/02/1...stone-xl-steel
I saw a picture on one of the article with storage. They literally stored all the pipes built for project some where in TX.
 
Old 03-07-2017, 03:37 PM
 
Location: Living rent free in your head
42,872 posts, read 26,399,467 times
Reputation: 34081
Quote:
Originally Posted by scarabchuck View Post
Your point ? The title of the thread was "keystone pipeline not to be built with US steel" and apparently 50% of it is / was.
oh...I get it, I'm a little slow. What you are saying is that Trump only told half a lie!
 
Old 03-12-2017, 02:33 PM
 
1,768 posts, read 1,641,555 times
Reputation: 1602
The buy american and hire american movements are anti-capitalist, so it's good to see business sense being put over some stupid sense of economic nationalism
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