Maybe Trump is making good on his promise to Big Steel? (Pittsburgh: sales, transporting)

[krogerDisco]

Coated pipes

'Why not make more of it here?' | TribLIVE

Trump also promised the Keystone pipeline, which is more environmentally friendly than transporting the oil by rail.

[szug-bot]

Originally Posted by krogerDisco

Coated pipes

'Why not make more of it here?' | TribLIVE

Trump also promised the Keystone pipeline, which is more environmentally friendly than transporting the oil by rail.

Thanks for the link. What are your thoughts thus far on the new administration? I know it's been less than 2 months. Also, the pipeline IS more "friendly"?

[krogerDisco]

Originally Posted by szug-bot

Thanks for the link. What are your thoughts thus far on the new administration? I know it's been less than 2 months. Also, the pipeline IS more "friendly"?

Since this is a Pittsburgh board, I'll defer from commenting on Trump. But yes, pipelines are safer and cheaper to transport gas and oil than rail cars.

[bradjl2009]

Congress wanted the same thing with the 2009 stimulus bill so proposing things like this aren't exactly new. It was partially dropped to make an exception for Canadian goods.

https://en.wikipedia.org/wiki/Americ...ican_provision

"A May 15, 2009, Washington Post article reported that the 'Buy American' provision of the stimulus package caused outrage in the Canadian business community, and that the government in Canada "retaliated" by enacting its own restrictions on trade with the U.S.[55] On June 6, 2009, delegates at the Federation of Canadian Municipalities conference passed a resolution that would potentially shut out U.S. bidders from Canadian city contracts, in order to help show support for Prime Minister Stephen Harper's opposition to the "Buy American" provision. Sherbrooke Mayor Jean Perrault, president of the federation, stated, "This U.S. protectionist policy is hurting Canadian firms, costing Canadian jobs and damaging Canadian efforts to grow in the world-wide recession." On February 16, 2010, the United States and Canada agreed on exempting Canadian companies from Buy American provisions, which would have hurt the Canadian economy.[56][57]"

Buy-American Stimulus Provision Sparks Debate : NPR

'Buy American' Clause in Stimulus Sparks Controversy | PBS NewsHour

[sparrowmint]

Originally Posted by szug-bot

Thanks for the link. What are your thoughts thus far on the new administration? I know it's been less than 2 months. Also, the pipeline IS more "friendly"?

Ask Lac-Mégantic, Quebec.

[gladhands]

Are one-time steel sales and construction jobs worth the potential environmental risk? Remember, the whole point of the Keystone XL pipeline is to make it easier for Canada to sell oil to China. There's no long-term benefit to the US economy.

[2nd trick op]

Originally Posted by krogerDisco

Since this is a Pittsburgh board, I'll defer from commenting on Trump. But yes, pipelines are safer and cheaper to transport gas and oil than rail cars.

Pipelines are cheaper if (1) they're already in place, or (2) the volume of business justifies the new investment.

I'm given to understand that the more-dispersed nature of the Bakken (Dakota) field made a network of gathering lines both more expensive and less efficient, but only in the short run. Completion of the new proposals would take most of the produce of the Bakken field off the rails, but technological improvements and work-rules (rail crewing) changes have decreased the pipelines' advantage, and this trend will accelerate as petroleum becomes more valuable, and moves in smaller quantities. The "invisible hand" of Adam Smith at work -- again.

[sparrowmint]

Originally Posted by gladhands

Are one-time steel sales and construction jobs worth the potential environmental risk? Remember, the whole point of the Keystone XL pipeline is to make it easier for Canada to sell oil to China. There's no long-term benefit to the US economy.

If that was "Canada's" whole point, they'd build a pipeline to British Columbia rather than the Texas refineries.

[bradjl2009]

Originally Posted by sparrowmint

If that was "Canada's" whole point, they'd build a pipeline to British Columbia rather than the Texas refineries.

Maybe the need the refining capabilities? I've heard there's little in the way of refining done in Canada and they rely heavily on the US for giving them gas actually.

[krogerDisco]

Originally Posted by gladhands

Are one-time steel sales and construction jobs worth the potential environmental risk? Remember, the whole point of the Keystone XL pipeline is to make it easier for Canada to sell oil to China. There's no long-term benefit to the US economy.

That oil is headed for American refineries.