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October 27, 2017 7:12 pm

Trump Signs Executive Orders in Support of Keystone and Dakota Access Pipelines

Tuesday, January 24, 2017 @ 1:11 PM

Prince George, B.C. – What a difference a few days make.

Just four days after taking office U.S. President Donald Trump has signed executive orders advancing construction of the Keystone and Dakota Access pipelines.

The move is a major departure from former President Barack Obama, who had rejected Keystone in 2015 and had taken steps to block Dakota Access.

The Trump administration has signalled it wants to renegotiate the terms of the Keystone deal though no further details were given.

Alberta Premier Rachel Notley welcomed the news remarking in a Facebook post: “This project is going to create good jobs here in Alberta. And that’s my focus – support our workers, create good jobs, and diversify our economy.”

However she’s still “focused on building Canadian pipelines to Canadian tidewater,” – signalling her enthusiasm hasn’t dampened any for the Kinder Morgan Trans Mountain Pipeline project from Alberta to the B.C. coast.

“As any small business owner will tell you, you can’t only have one customer. You have got to diversify.”

The Keystone pipeline runs from Alberta, through the American mid-west and into Texas.  Previous U.S. President Barack Obama opposed it due to environmental concerns.


Great news! About time.

    It’s not great news. If it was just a pipeline to the American market then yes, but it’s not.

    Trump wants build America on the pipeline and he wants to tax Canadian resources with a new import tax. That’s like declaring war and Trudeau says great we will surrender.

    I often said if we could just tax the energy exports the same as we pay for carbon tax…. Everyone would say no that violates nafta, then alone comes Trump and says we should tax Canadian energy with an import tax and all the Canadian leaders clap for the loss of sovereignty.

    In the 70’s and 80’s we nearly saw Alberta separate when Trudeau senior wanted to tax Alberta energy for Canada, but when Trump says the same thing about taxing Provincial resources for America not a peep. How far our political class has fallen….

      Of course he can make America great again if he can tax our energy exports to increase our costs to make American domestic supply more affordable and pay for the subsidies in tax cuts with the new Canadian resource tax revenue.

      Time for some loudmouths in parliament to speed up, the negotiations have began. By listening to the Americans they figure Trudeau will fold like a cheep tent… Then Trudeau today says his job is to facilitate good relations as his primary objective, not to protect Canadian interests and sovereignty.

      Let me see:

      1. ask US companies to build a pipeline which will transport oil from Canada to US refineries in the Gulf states that will be used for domestic purposes and likely ship refined products to Canada’s eastern provinces.

      2. charge an import tax on the feedstock product, which would increase the price to the refineries above the price of US sourced oil.

      Result? I would expect the pipeline developers would find themselves with empty pipes.

      I think the US wants to use North American resources as a first option and preserve its own oil in the ground as long as possible.

      The other thing is that the key feature of the proposal is that the pipe must be manufactured in the USA. I am sure that if Canada builds another pipeline in the future, they will then come up with a deal to purchase from US sources as a preference, especially if the line connects to the USA. The same could be the case for pipeline maintenance/replacement.

      I don’t read it that way Gus. I think they want to pump American oil first and foremost and have Canada as a stand by to fill in any short falls. Like the coal industry… keep the American mines running and shutter the Canadian mines when they have to throttle back production.

      Trumps big plan is to have Dakota oil developed so the jobs are in America and the tax revenue is in America. Although all he talked about today was the 28,000 jobs that he will get from the Keystone project. Says he wants it approved, but isn’t sure yet if the company wants to reapply.

      I have a plan to deal with Trump. I call it the ’22 Rule’.

      Trump wants our oil. He wants to import it and tax it. Trump also wants to undercut our corporate tax rate with a 15% corporate income tax. Currently America has the second highest corporate tax rate in the world at 39% so lowering it makes sense.

      Canada’s corporate tax rate is currently at 26.5%. Obviously corporations playing arbitrage with the tax rates hurts American competitiveness, but going down to 15% is to the extreme. Paul Ryan wants a 20% corporate rate… either rate will set in motion a race to the bottom for government revenue from corporate profits.

      I say in light of Trumps plans to try and tax Canadian energy imports to America; Canada should call them on it with what I call the ’22 Rule’.

      The 22 Rule… any drop below a 22% corporate tax rate and Canada implements a corresponding export tax on energy.

      For example a corporate tax rate of 15% under Trump is (22-15=7) a 7% export tax on energy.

      A 7% export tax on energy exports to America ($136 Billion per year) would net $9.6 Billion a year for the Canadian (provincial) government.

      This export tax would be in lieu of the carbon tax. It would meet Trumps requirement of Canadian energy being more costly than American energy. It would also meet Trumps stated principle that trade agreements need to be raising standards, rather than a race to the bottom LCD trade policies of multinational arbitrage on corporate taxes, labor and environmental concerns.

      How could Trump argue against that? He opened the Pandora’s box of energy export taxes, he stated he wants to do away with LCD trade policies, and he stated he wants the price of Canadian energy to not be undercutting investments in American domestic energy production.

      The ’22 Rule’ should apply to all off shore sales of energy. China at 25% would be exempt, same with Sweden at 22% they too would be exempt, but countries like Burmuda or the Cayman Islands at 0% corporate tax would be paying 22% export tax on their energy imports. The tax havens would have to pay a heavy export tax to purchase their oil and gas.

      If we could get Trump to put that rule into NAFTA and get countries like OPEC (average 20% income tax rate) to sign on we could remove one more tool of globalists to play one country against the other in the race to the bottom of corporate responsibility through income tax arbitrage.

      If we are already taxing the exports of energy to America it will starve the ability for Trump to tax those same imports without triggering large energy cost inflation and gives Canada a strong principled position with which to argue from… something Trump respects.

      Time Will Tell.

      “I say in light of Trumps plans to try and tax Canadian energy imports to America”

      You make a premise which has no merit. Ergo, the consequences are all hot air as well.

      Wait and see what his buddies will do.

      What do you mean. That’s all the American business news talked about yesterday was Trumps plan to tax Canadian energy imports as part of nafta renegotiation. The stated reason being that Canadian energy imports were to cheep and under cutting the viability for American Investments in their own energy infrastructure. Trump wants Canadian energy more expensive and he wants an import tax to ensure this similar to what they want with softwood lumber.

      On CNBC and Fox business channel the analysts were saying they expect Canada and Mexico will surrender to all of Trumps demands as we have no leverage and that it will happen quickly… and then Trump can move on to the bigger challenge of China.

      I am saying if they are making special arrangements to do away with chapter 11 where it suits them then we need to have plans in place to protect Canadian industry and sovereignty or we won’t have a country with economically viable industry with which to work with.

      Trump is looking out for American interests, and we have a PM who stated his role is to facilitate a harmonious relationship rather, than stand up for principles that once were underlying or national interest.

      Time will tell I guess.

Potential disaster

    Yeah cause road and rail are safer.

This must be killing Notley having to put on the plastic smile because the NDP hate pipelines and the oil industry in general. Sure she was all gung ho about the Keystone pipeline knowing full well Obama and Clinton would never approve it. But unfortunately for her Trump got in which is good news for the energy sector.

    Trump did more for Alberta in one day than Notley and the NDP have done since elected. Sad but true.


      F**k are you deluded if you think Trump gives 2 shits about Alberta or Canada and is doing this for our benefit. Who owns most of the oil companies in Alberta? They aren’t headquartered in Canada, that is for sure. What makes you think Canadians will even be employed there? Our strong willed govt who protects Canadian jobs? I doubt it.

      I’ll wait to see how Trump re-negotiates on this. Remember, USA first. Unfortunately, think Trump will have Trudeau for breakfast and won’t even fart afterwards.

      Bent, nobody thinks Trump gives 2 shits about Alberta or Canada or is doing this for our benefit. But it will benefit us, nonetheless.

The NDP have no idea how to react to projects that make money, rather than cost money.

    You might be wrong. They may be concerned that not enough money will be spent on the pipeline to ensure it is safe.

      If you listen to what they say, you would know that they oppose all pipelines, no matter how safe, as well as all fossil fuels. Of course, at the same time they depend on pipelines, fossil fuels and all the products and services that accrue from them, but then rational, logical thought processes are anathema to them.

      Or the NDP could be thinking like almost every other government in the world, except now for a Donald Trump United States, and are seeking to “gradually reduce” their dependence on fossil fuels.

      This is not, and never has been, an all or nothing scenario, no matter how much you, and the rest of the fossils, try to frame it that way.

How much did the fire in Ft McMurray cost?

The town should have been better protected by controlling the surrounding forests plus installation of early warning systems.

It was a wildfire which could have been avoided or, at worst, the effect reduced.

There are many things which need to be done that cost money but are not done because they do cost money, whether it is urbanization adjacent to large industrial projects or transportation systems such as rail, pipelines and highways.

Seems nobody read this part: “The Trump administration has signalled it wants to renegotiate the terms of the Keystone deal.”

Nor this part: “Alberta Premier Rachel Notley welcomed the news remarking in a Facebook post: “This project is going to create good jobs here in Alberta. And that’s my focus – support our workers, create good jobs, and diversify our economy.”

Nor this part: “However she’s still “focused on building Canadian pipelines to Canadian tidewater,” – signalling her enthusiasm hasn’t dampened any for the Kinder Morgan Trans Mountain Pipeline project from Alberta to the B.C. coast.”

    Oh my! She sounds like a Liberal! LOL

    I read it gus. Renegotiation is just another step in the process. Bottom line is that the US wants our oil, so they can start the negotiations there.
    As for Notley, well, she is putting on a brave face. Or maybe you didn’t read Peter North’s comment about that?

      ??? The part where Peter North states NDP hate pipelines and oil industry? The comment is unfounded and makes no sense. Is it because the NDP wants to diversify so that Alberta isn’t totally reliant on the oil industry? I would like to see the proof to back up the statement.

      Unlisted, after being elected the NDP announced a royalty review then took 9 months to reach a decision, creating uncertainty and damaged investor confidence. Then the NDP hired a plethora of political staff who had been quite vocal against the oil sector and pipelines. One NDP minister even came to BC during the federal election to campaign for a candidate who organized anti-pipeline rallies. Then the NDP raised business taxes by 20% another blow to the oil and gas industry. Yup, sounds like the NDP just love the oil industry.

      I did, as did others. It makes little sense. He is just spouting his same old biased rhetoric. He is not capable of an objective thought from the posts I have witnessed. This is just one more of those.

      @Unlisted reread her comments. She does not want to diversify the economy into different areas she wants to diversify oil into different markets. She is very confusing as a leader, not sure if she knows what she wants.

      NDP have a basic policy on oil, they are aligned with the Green Party on that. It is part of what sunk the NDP in BC in the last election and also why the NDP in Manitoba (?) want to rebrand and change the name of the party to not reflect the views of NDP governments in other areas affecting their chances in an election.

      The BC NDP are different from the Alberta NDP, because… gasp… the two provinces are different. Alberta is overly dependent on oil, where the price of oil goes, so does Alberta’s economy. BC’s economy is more diversified, therefore BC can be more selective on the types of industry it chooses to support.

      Example, if BC says no to the the Kinder Morgan pipeline, how much will that decision effect BC’s economy? The answer is very little, yet it will impact on Alberta’s economy a whole lot more. So you can get two NDP party’s with different priorities, based on the provinces they are from.

      But that is the problem with being an ideologue, everything is suppose to be the same along a political spectrum, even though the word “Liberal”, at a Federal level, is completely different from “Liberal” at a BC provincial level. Some of us see the difference, others don’t, or choose to be willfully blind of those facts… which are you slinky?

    Must be built with American steel he said on he news, and probably American workers

    Notley wants to diversify the economy by creating jobs in the oil patch? That is truly funny, diversify the economy by creating more of the same?

      It is strange, but she may have no choice but to build on the industry that is already in place.

      Right now there is no market. She has no way of controlling the marketplace without the participation of the Feds or BC.

      If either were to build one or more refineries to feed Canadian needs rather than relying on foreign refineries, then there might be a chance to increase jobs as well as true self-sufficiency.

      I have not heard anyone speak in that fashion. Harper sure never did. So far Trudeau has not done so either. Or Christie. She is too wrapped up with LNG.

Let’s see, we have someone claiming they are inside Alberta Premier Rachel Notley’s head, and knows what she is thinking, then we have some NDP this and NDP that derogatory comments, carry on CON’s carry on.

Myself, this approval of the Keystone XL pipeline is no surprise. I think Donald Trump wants all the Canadian oil he can get, so the USA can impose a protectionist energy tax on Alberta’s crude oil as it crosses the border, this would make it practically unprofitable to continue to produce, energy intensive, high production cost, tar sands oil. Oil companies would then shift their spending from Canada to the US. After all… didn’t Donald Trump say “America First”?

    I agree, Notley is at least being helpful on this file, unlike her federal leader who is telling Trudeau to tell Trump to shove it

    Maybe peeps can explain the double standard of why critical comments about the NDP are not allowed while the BC Liberals are fair game?
    Is this a case of dishing it out but not being able to take it? Hmm…

    Speculation, mere speculation and fear mongering.

    What a non-nonsensical notion.

    Why would any developer build a pipeline to the USA Gulf refineries under such conditions?

    Ooops …. forgot that Trump failed at several of his enterprises …. LOL

      Yup, a billionaire who is now President of the United States, a real failure. What’s on your resume there gopg2015?

    You’re kidding, right BH? He wants to build a pipeline from Canada so he can tax our oil to the point where it stops flowing in order to use American oil instead.

    Yeah, right, that makes sense.

    So why go to the expense of building the pipeline? Just impose the tax.

    Wow, you never cease to amaze me.

      Dirtman, only a few of us posted our own personal opinions (theories) as to why Donald Trump approved the Keystone XL pipeline project, and predicting what will happen going forward.

      All I see from you are comments criticizing others comments, do you have any thoughts as to why The Donald approved the pipeline, and what is going to happen with the oil industry in Canada as a result? Please by all means post a comment about it so we can criticize it, and take it apart, like you do ours!

      Careful now, this would call for some original thinking / thought from you on this subject.

      He approved it because it makes economic and energy sense and creates lots of jobs in the US with no taxpayer money involved.

      As to what happens to the Canuck oil industry as a result, it’s hard to say. With the restraints on the US oil industry removed, production may well increase driving the price lower which would hurt our industry. However it some of our oil made its way to the gulf port and world markets where it would get world prices, it would help our industry.

      You never thought to think that US companies get raw product dirt cheap from Canada as a reason for the direction to approve Keystone? Taxing and putting duties on it hurts American business, oil is not a finished product like a 2×4, taxing the c*** out of it to make it more expensive for American business is counterproductive. Same as overseas oil which is more expensive as a commodity.

      Notley wants the oil to hit tidal waters as that increases the price of the same commodity, Trump does not want that – easy compromise build your Keystone

      Oh sorry forgot

      Dippers gotta hate, hate, hate….

      What will more likely hurt Canadian oil industry is the addition of Trudeau’s carbon tax. Like he’s making it more expensive to produce oil while Trump is making it less expensive south of the border.

So this is what has happen to us now.

Kinder Morgan line will increase shipment to Vancouver by 400,000 barrels a day to the Port. Line 3 upgrade will add 500,000 barrels a day to Houston TX. Keystone XL will add 830,000 barrels a day. That is 1.7 million barrels a day capacity increase.

Our current Oil production in Canada is in the 3.6-4 million barrels a day. I think we are aiming to hit 6.5 million by 2030. So the current proposed lines will take up about 60%. We need to be able move another 1.3 million barrels of oil to ensure we cross the T and dot the I ‘s .

Well Energy East line is 1.1 million barrels, and that shipping our oil to eastern Canada is a lot better than bringing it in by tanker traffic from the middle east. Heck make it a 1.5 million barrel a day line, and we can export Canadian Oil from our ports. instead of importing.

Even if we pull out 6.5 million barrel of oil out of the tarsands every day, we will not be able to tap it out in a hundred years.

Dream big,

Trump said that he wants to renegotiate the Keystone deal because pipelines which are used on American land must be produced in the USA in order to employ American industry and workers.

So today our great illustrious leader Justin ends his two day Cabinet retreat in downtown Calgary and this evening he will be participating in a town hall event.

Today, Justin is back peddling like crazy, like someone about to go over a waterfall. Remember his recent comments about phasing out the oil sands? Well today it’s all a case of him being misspoken! Yeah, right!

I wonder if Trump’s Keystone XL announcement, or the fact that Justin is in the heart of Canada’s oil country has any thing to do with the back peddling?

Sure would like to see that clown go over the edge! Might be sooner rather than later, as the river current seems to be increasing!

    Oops, forgot the link:

    ht tp://globalnews.ca/news/3203164/justin-trudeau-says-he-misspoke-when-he-said-we-need-to-phase-out-oilsands/

A Media Advisory put out by TransCanada Corp Feb 17/2012 Stated that 75 percent of Keystone XL Pipe would be *Made in North America*

TransCanada estimated 821,000 tons of high strength line pipe will be used on the project in Canada and the U.S. They estimated that they would use 660,000 tons of steel for the U.S. Portion of the Keystone XL Pipeline. The following are the line pipe mills who are manufacturing the pipe:

Welspun – Little Rock Arkansas, USA 332,800 tons 50%
Evraz – Regina Sask, Canada 156,266 tons 24%
ILVA – Italy 103,147 tons 16%
Welspun – India 69,457 tons 10%.

So that accounts for the 660,000 Tons for the US portion. There was no mention as to where the pipe for the Canadian portion 529KM (328 miles) would be manufactured.

So you can use your imagination as to what Mr. Trump wants to negotiate. Keep in mind he holds all the cards.

These contracts are for the manufactured line pipe, the steel for the pipe no doubt will come from China.

    Trump himself will not be involved in the negotiation, whatever form it will take. You can use your usual negative spin with this, but the fact is that this pipeline will be good for both the US and Canada, if it gets built.

    China is not the only producer of steel. The US and Canada already have a balance of trade problem with China. Buy from elsewhere of negotiate a better deal with China by selling North American products to them in return.

      That might expose the fallacy of international ‘trade’ as it’s currently carried on. China is able to do on a much larger scale what Japan did pre-World War Two, and then later again in the decades following the War.

      They used ‘national credit’ to muscle their way into world markets. Both countries needed to acquire foreign exchange to purchase what they couldn’t produce internally, mostly oil on an ongoing basis, but also specialised machine tools and steels to get their manufacturing processes up and running.

      To do this pre-War it was necessary to gain gold bullion or currencies tied closely to gold; post-War, gold was eventually completely de-throned and replaced by mainly US dollars.

      When Dief the Chief’s government sold Canadian wheat surpluses to both Soviet Russia and Communist China back in the 1960’s payment was made in gold. The USA at that time was still pretending it was on the gold standard. (It hadn’t been internally since the early 1930’s, and eventually Nixon removed the pretense externally when he was in office.) Afterwards the US dollar became the world’s ‘reserve currency’, which it still is, despite some weak competition from the Euro.

      When Trump claims that China is a ‘currency manipulator’ he’s not kidding. Most of their success is due to that simple fact.

      Trump is ready to play that game as well. He has said he would like to see a devalued dollar. Thing is, he does not dictate that unless he puts in a law to do that. Fix the rate. Never mind the open market.

      If he does not succeed at doing what he wants to do, it will devalue all by itself and our dollar will likely increase up to par again. Really, that would not matter since our trade with the US will drop and we will have to find markets elsewhere.

      He want to trade with the UK …. and Scotland is starting to look at having another Scexit vote.

      Trump appoints the next US Fed chairmen to replace Yellen. His commerce secretary is the first commerce secretary to agree the USFed needs to be audited.

      The US dollar MIGHT “devalue all by itself” or be officially devalued, but because it is the world’s ‘reserve currency’ that’ll have some very different effects than if some other currency was devalued. It is unlikely any other currency could take its place. Simply because there are no other countries that are as “open” in what they’ll allow their currency to buy inside their country as is the US.

      Really, when you think about it, over time all currencies are continually ‘devaluing’ in terms of what they’ll actually buy in the way of goods and services in each country. If you’d put a US dollar away 50 years ago and went out to buy something with it 50 years later it’s purchasing power then was somewhere around ten cents!
      So much for the myth that money is a “store of value”! Now if some of the other myths that also surround it could also be exploded, we might start to get somewhere in actually achieving a better world for everyone.

      Eagleone, I believe the Fed is regularly audited already. Regardless, what do expect such an audit would show? Banking is a ‘natural monopoly’, just like some others, an electric grid, or railway lines, to name but two.

      You need to have power on an electric grid transmitted at standard voltages and frequencies.

      You need to have railway lines that all have the same track gauge, coupler heights, etc.

      To make these things work properly requires a lot of co-ordination and co-operation.

      And so it is with banking. You want the ‘money’ one bank creates when it makes a loan or buys securities to be ‘fungible’ with all other money in existence. That ensures its acceptance as ‘money’ ~ without which it would be useless.

      So the Fed, or Bank of Canada, etc. ~ a nation’s central bank ~ acts as ‘conductor to the orchestra’. IF we didn’t have a central bank, as was the case in the USA prior to 1913, and in Canada prior to 1934, there is a risk that the banking system could periodically come unglued.

      This happened numerous times in the USA prior to the formation of the Fed. With some disastrous consequences for many innocent people who lost everything in various financial ‘Panics’.

      IF, at the same time the Fed had been formed, there had also been deposit insurance, the 1930’s Depression would likely have been very short lived.

      This is NOT to say all is perfect in the world of banking. It may be, for bankers. But not for the rest of us. Not as it is. But an audit, if any was needed , won’t fix that.

      All Trump needs to do to devalue currency is to tweet about it. People are so quaking in their proverbial boots that his tweet is their command. Happened even before he was sworn in. He has stated many times that he believes China is devaluing its own currency for export purposes.

      The MSM hates the fact that it cannot seem to shake the tree and is still going on about the size of the crowd in DC, they have lost their way and no longer can be considered a reliable source for actual news – they are so easily sidetracked these days.

      Reopening shuttered steel manufacturing plants in America is a goal and probably a reason for Keystone. Also dirt cheap oil from Canada is probably another, refined products not so much as they can creat jobs refining it themselves

I’m guessing that all the heavy lifting on pipelines, lng plants, Site C, etc will be done in the first year of Trudeau’s or Trump’s terms. This will give them three years for people to forget.

Christie on the other hand will ride the wave and take credit where ever she can, and dodge the bullets where necessary.

At the end of the day none of the remaining pipelines will provide any work of any significance to our region. LNG plant at Port Edward and the natural gas pipeline would provide some work, however at the moment the world is awash with LNG.

    BC has no steel pipe manufacturing capacity. We have no steel plants. We were considering to build a reduction plant in Salmon Valley in the 1970’s.

    That was a pipe dream …. ;-)

      When these projects are built the money paid out in the course of building them increases the prices of all commodities for sale at the consumer level here. When the jobs end, those prices don’t fall back to the level they were before the project started. So in that sense we do lose.

    We lost the LNG race because other countries seized the opportunity and built what needed to be built while we dithered and gazed at our navels.
    It might come around again, but we missed the first opportunity.

      We didn’t really ‘lose’ anything, Rusty. If all the LNG projects here had gone ahead it would’ve been northeast coal-southeast coal all over again. Just the same as it’s been with a host of other commodities we fall all over ourselves trying to develop to sell into the markets of the world.

      Which, because the buyers in those markets were playing the same trick on everybody else worldwide who had similar commodities, and they were all just like us ~ desperate for ‘jobs’ at any cost ~ quickly became so glutted those buyers could pick and choose who’d give them the most for the least.

      It’s a race to the bottom. Made all the worse so by the fact that the price of natural gas HERE, if all those projects had gone ahead, would have to rise to try to cover the shortfall in expected revenues from exports. So, yes, if LNG had gone ahead as visualised there might be some more people ‘working’ ~ but we’d all be working our way into bankruptcy! And you can get exactly the same result doing nothing. Simply dealing with ‘bigger figures’ doesn’t mean they’ll BUY any MORE. All too often they end up buying LESS. But nobody wants to look at THAT.

      We did lose. Governments don’t build these things private industry does and the jobs associated. We lost the industry, once here it is no skin off our nose what world prices do, like a shuttered coal mine – once prices or markets emerge a few months and off you go again which costs government nothing and they start collecting royalties again once the company is rolling. If not built you suffer the process all over again and it is cheaper and quicker for companies to buy shuttered plants elsewhere than to wait 3 or 4 years just for approval again. The unfortunate part for companies is there are no shuttered LNG export plants around the world at this time.

      Also sorry but read your last part just now and didn’t make my first comment. Commodity prices do not go up because a company loses a market and is now stuck with debt. That is just fear mongering and has no basis in fact, if they try increasing prices to make up debt you just buy from the guy with the gas well next door who doesn’t have the debt. Might be a consideration if everything was state run.

Its interesting to note that Evraz – Regina Sask is a wholly owned subsidiary of EVRAZ plc. a multinational vertically integrated steel making and mining company headquartered in London, United Kingdom. It has operations mainly in Russia, but also the Ukraine, Kazakhstan, Italy, Czech Republic, the United States, Canada, and South Africa.

    EVRAZ acquired IPSCO a few years ago, (the old Interprovincial Steel and Pipe Co. Ltd.), a formerly Canadian owned company which started making pipe in Saskatchewan decades ago, then expanded into making steel plate, and from its base in Regina, and later Chicago, acquired other pipe manufacturing facilities elsewhere in North America. Including a plant in BC.

I think it’s great that they are spending as much money as they can on pipelines . More oil on the market will make it way more profitable for everyone , right . Less regs. will make everyone safer . Drill baby drill !!!!! It’s not a Kodak moment at all , right ? The next ten years are going to be fun . An idiotocracy has been born . Orange Julius Caesar in charge . What ever happened to that bounder Julius Caesar ?

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