Friday, February 17, 2012

From Yahoo!InPlay -- Keystone XL Vital To America's Economic Recovery -- American Iron and Steel Institute

No link because the link is dynamic and won't be there tomorrow.
TransCanada confirmed the vast majority of the pipe for Keystone XL would be manufactured in North America. In addition, the company intends to purchase approximately 90 per cent of all other goods for the $7.6 billion project from companies on the continent.

"Seventy-five per cent of the pipe used to build Keystone XL in the U.S. would come from North American mills, including half made by U.S. workers in Arkansas," said Alex Pourbaix, TransCanada's president, Energy and Oil Pipelines. "In addition, we have already sourced goods for the pipeline valued at approximately $800 million from U.S. manufacturers."

Pourbaix points out that the American Iron and Steel Institute recently sent a letter to the U.S House of Representatives and Senate stating its support of Keystone XL, describing it as vital to the national economic recovery.
Well, that's pretty audacious.

4 comments:

  1. FYI


    http://madvilletimes.com/2012/02/transcanada-stockpiling-keystone-xl-pipe-segments-at-gascoyne-nd-depot/

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    1. Great photos. Even "real liberal media" can get great photos. Thank you.

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  2. So obvious it goes without saying. When we have an administration more interested in satisfying a small but very vocal special interest group called the radical faux-enviormentalist this what we get. Jobs and economic recovery be damn.

    Now we are seeing increased fuel cost without real economic recovery. In all likelihood we will see calls for export restrictions on refined petroleum product with punitive tax increased on oil companies driving us deeper into rescission or even a depression.

    With alternative energy failing they will try to scrape up some more money to help with grants and subsidies to keep it alive. Of course they will call it stimulus and job creation.

    Anyway at least the NASCAR season is getting started with the Shootout tonight to start speed week at Daytona. Some escape from all the madness around us.

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    Replies
    1. Two comments: I agree 100%. And, yes, I am thrilled the NASCAR season is back.

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