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Trump Signs Executive Order On Construction Of Pipelines

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One of the companies who stands to benefit greatly from this pipeline is Energy Transfer Partners.

 

Any of these board members jump out at you?

 

 

 

Key People Energy Transfer Partners L.P.

Board of Directors

Name/Title Current Board Membership

Kelcy L. Warren, 60 Chairman & Chief Executive Officer Energy Transfer Partners LP

Matthew S. Ramsey, 60 President, Chief Operating Officer & Director Energy Transfer Partners LP

Richard D. Brannon, Director Energy Transfer Partners LP

James Rick Perry, 65 Director Energy Transfer Partners LP

David K. Skidmore, 60 Director Energy Transfer Partners LP

Marshall S. McCrea, 56 Director Energy Transfer Partners LP

Michael K. Grimm, 61 Independent Director Energy Transfer Partners LP

Ted Collins, 77 Independent Director Energy Transfer Partners LP

 

 

So no names jump out as being familiar?

 

P.S. ETP up 3.5% in one day.

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Rick Perry :popcorn:

 

Anybody see what he said to Franken in his hearings :lol2:?

Rick Perry :popcorn:

 

 

There we go. Our likely new Energy Secretary profits from an EO.

 

Drain The Swamp

I don't know much about it but this article pretty good of talking about jobs and tax revenue. Steel industry will get a major benefit and local counties and states will collect about $110 million in property taxes annually.

 

Who benefits from revived Keystone XL and Dakota Access pipelines? - CBS News

 

Thrilled for every new albeit temporary job that this produces. Once it's completed the pipeline will require only 40 people to run it.

 

Let's also be clear on the tax money. I saw $55M but let's use $110M instead. That's not $110M per county. That's $110M (maybe only $55M) spread between 27 counties in four states. Again, better than $0.

It seems to me there is an environmental positive to this. Transporting by pipeline has to be better than truck or train environmentally speaking ... as long as there are no leaks.

It seems to me there is an environmental positive to this. Transporting by pipeline has to be better than truck or train environmentally speaking ... as long as there are no leaks.

 

Correct...as long as there are no leaks.

Thrilled for every new albeit temporary job that this produces. Once it's completed the pipeline will require only 40 people to run it.

 

Let's also be clear on the tax money. I saw $55M but let's use $110M instead. That's not $110M per county. That's $110M (maybe only $55M) spread between 27 counties in four states. Again, better than $0.

 

$55 was for one pipeline. There are two. Again, I'll be first to admit, I am not very educated on this but this shows benefit. I believe this is from US Chamber of Commerce and is only talking about the Keystone Pipeline:

 

Benefits of Keystone XL | Institute for 21st Century Energy

$55 was for one pipeline. There are two. Again, I'll be first to admit, I am not very educated on this but this shows benefit. I believe this is from US Chamber of Commerce and is only talking about the Keystone Pipeline:

 

Benefits of Keystone XL | Institute for 21st Century Energy

 

 

$110M it is then.

There we go. Our likely new Energy Secretary profits from an EO.

 

Drain The Swamp

 

Day 4 and no hesitation.

 

Makes me think by 10 he'll be back in charge of Trump Inc.

That is one of the definites. There will be temporary construction jobs as well. Areas will receive property tax money. It will be (most likely) safer than rail transportation. It will be faster transportation. It will be cheaper transportation.

 

Those are the definites.

 

The rest has a whole list of "yeah IF..." to go with it before they are true and right now those "ifs" do not exist.

 

Those positives outweigh any proven negative , and no or minimal tax dollars are being used correct ? So even if you don't want to believe any of the other positives why would you be against a project 3/4th the way done ?

 

Honestly I don't know what argument you are trying to make.

Those positives outweigh any proven negative , and no or minimal tax dollars are being used correct ? So even if you don't want to believe any of the other positives why would you be against a project 3/4th the way done ?

 

Honestly I don't know what argument you are trying to make.

 

 

I never said I was against it.

I never said I was against it.

 

Are you against it?

Are you against it?

 

 

No based on assumptions that it's safe.

 

I'm just saying we should evaluate it on what's legit and not assumptions about gas prices.

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