Biden's executive order ending Keystone killed 11,000 jobs

Biden's executive order ending Keystone killed 11,000 jobs Jun 21, 2022 22:04:37 GMT

Quote

Post by the Scribe on Jun 21, 2022 22:04:37 GMT

You know, Trump also just made the Keystone XL way more expensive (and illegal) to build
finance.yahoo.com/news/know-trump-just-made-keystone-194706216.html?fr=sycsrp_catchall
Linette Lopez
January 25, 2017

signed a memorandum that would make the pipeline way more expensive and in violation of international trade law.

Trump's way, as Reuters' John Kemp put it, is a violation of about 70 years of international trade law. His second memorandum requires the Keystone pipeline to be built with US steel. Wilbur Ross, the Secretary of Commerce, must submit a plan in 180 days "under which all new pipelines, as well as retrofitted, repaired, or expanded pipelines, inside the borders of the United States ... use materials and equipment produced in the United States."

That's going to be difficult, to say the least.

It costs money to be this red, white and blue
What's more, forcing American steel onto the Keystone pipeline will undoubtedly make it more expensive. After we slapped that tariff on Chinese steel, all it did was suppress demand here in the US. Manufacturers who use steel as a raw material didn't want to buy the expensive US steel.

Keystone Leak Worse Than Thought
www.usnews.com/news/articles/2016-04-08/keystone-pipeline-leak-worse-than-thought
The rupture, which went undetected by pipeline owner TransCanada, has spilled roughly 17,000 gallons of oil in South Dakota.

By Alan Neuhauser
|A leak in the Keystone pipeline is worse than first believed, spilling much more oil than first reported.
Nearly 17,000 gallons of oil has leaked in South Dakota since Saturday, pipeline owner TransCanada says – up from the 187 gallons the company initially reported to federal authorities.
April 8, 2016, at 9:50 a.m.

Trump invested $250,000 in company behind controversial Keystone XL pipeline
www.rt.com/usa/310524-trump-invested-keystone-pipeline/
Donald Trump © Jim Young © Reuters
Republican presidential candidate Donald Trump invested $250,000 in the holding company that wants to build the controversial Keystone XL tar sands pipeline, according to his financial disclosures.

The disclosure comes from 92 pages of documents filed with the Federal Election Commission that were made public on Wednesday and reveal Trump’s massive financial holdings.

Trump, 69, was often critical of the Obama administration for not granting a permit for the pipeline, which would’ve been constructed by TransCanada Pipelines.

“It’s an outrage our president isn’t approving the Keystone pipeline,” he told the Toronto Sun in 2011 through a spokeswoman. “And Canada is lucky to have superior leadership to ours.”

CONSERVATISM: The Enemy Within (& Other Special Topics)

Post by the Scribe on Mar 8, 2021 0:39:04 GMT

Post by the Scribe on Jun 21, 2022 22:04:37 GMT

Quick Reply