XL delay hurts competitiveness: SMA's Danjczek
Nov 11, 2011 | 03:48 PM
| Michael Cowden
Tags
TransCanada,
Keystone XL,
pipeline,
delay,
Obama Administration,
Steel Manufacturers Association,
SMA,
Tom Danjczek
API
TORONTO TransCanada Corp. and industry associations have criticized the Obama administrations move to delay a decision until 2013 on whether to approve the Keystone XL pipeline.
Steel Manufacturers Association (SMA) president Thomas Danjczek said the delay would cost jobs and could drive up energy costs, thereby reducing the steel industrys competitiveness.
"I do represent pipe makers. But our view is not as provincial as, Oh, we would like to see more pipe sold. We really need energy in all formswhether its the Marcellus Shale, the Keystone XL, offshore drilling or windmills," Danjczek told AMM Friday.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here