Friday, November 21, 2014

Keystone Pipeline steel – from India


Here are a couple tidbits about the notorious Keystone XL Pipeline proposed by TransCanada Corp. to bring its Canadian tar sands product to the Texas Gulf Coast for refining.

The CEO of TransCanada said recently that, after completion of the pipeline, it would support about 50 permanent new jobs. Although proponents of the pipeline have been claiming it would massively create new jobs, the sober estimates are that several thousand temporary workers would be hired to build the pipeline, some for as little as two months….



.…and while we’re on the subject of American jobs: TransCanada has already acquired the steel pipe for the project and put in storage—it was purchased from India.






One more point: the Keystone pipeline isn’t going to do much to further American energy independence. Obviously, America doesn’t own the Canadian tar sands, TransCanada owns it and wants to sell it—and TransCanada hasn’t attempted to conceal the prospect that some or a lot of the refined end products at Texas refineries will be put on the world market for sale to the highest bidder.

  





Copyright © Richard Carl Subber 2014

No comments:

Post a Comment