Thread: Americans may pay more for beer, snacks and cars to build border wall

Originally Posted by Judy

Don't buy snacks, beer and cars made in Mexico. Buy snacks, beer and cars made in the USA.

As to the oil . . .

If no one buys Mexican beer, snacks, cars or oil no taxes will be collected to reimburse the U.S. Treasury for the $12 BILLION of U.S. Taxpayer money Congress approved to build the wall and the U.S. Taxpayers will still be stuck paying for the wall.

Originally Posted by JohnDoe2

If no one buys Mexican beer, snacks, cars or oil no taxes will be collected to reimburse the U.S. Treasury for the $12 BILLION of U.S. Taxpayer money Congress approved to build the wall and the U.S. Taxpayers will still be stuck paying for the wall.

LOL!!! No, we'll be buying American beer, American snacks, American cars and American oil instead of Mexican, which means Mexico paid for the wall many times over. It's so sad that some people still don't understand the Mexico Pay for the Wall issue. It's not about the money, it's about stopping illegal immigration which saves US $132 billion a year we now spend on illegal aliens every year, most of them Mexicans, that's our money that we get back from Mexicans and Mexico, and it's also about trade, the Wall was the stick to drive Mexico out of NAFTA so we can terminate it.

“When somebody says it’s not about the money, it’s about the money.”


― H.L. Mencken

U.S. refiners cash in on Mexico's record fuel imports

Americans have made it clear that we want the wall and are willing to pay for it to build it. Americans have also made it clear that Mexico will pay for the wall one way or another. That is what Trump said during the campaign, that remains his positions, that is his agenda, and that is what will happen. Our investment in the wall will cost Mexico almost $300 billion a year in lost drug sales in the United States. Our investment in the wall will cost Mexican illegal aliens over $100 billion a year in benefits stolen from Americans because they won't be here any more to rob US and no more will be coming in. This will also cost Mexico billions a year in lost remittances sent to Mexico by illegal aliens in the United States.

Because Mexico chose to make the small expense of a Wall a defining moment in its re-negotiations on NAFTA, which will result in a withdrawal from NAFTA by the United States, something most of US want regardless of the Wall, and have wanted every day for the past 23 years since NAFTA was approved by a treasonous corrupt Congress and signed into law by President Clinton. the withdrawal from NAFTA by the United States will cost Mexico tens of thousands of manufacturing jobs and at least $100 billion a year in lost trade exports to the United States, at least one-third of their current export levels to the US. Could be more. Probably will be more. They currently ship $270 billion of exports a year to the United States. Imagine that.

Americans have the flexibility as free consumers to pick up an item, see the Made In Mexico label, and put it back on the shelf. And at this point, many of US will do just that.

Fear tactic articles from USA Today and Bloomberg. More anti administration, we were for Hillary reporting. IMO

If it's sold here, it needs to be made here. If it's made over there, it needs to be sold over there.

Judy wrote (excerpt):

As to the oil, Trump is developing US energy so we'll be energy independent. He's approved the Dakota Access Pipeline as well as the Keystone XL Pipeline which both carry American crude oil to US refineries.

You are wrong on the Keystone XL pipeline. It will carry crude from the oilsands of northern Alberta, Canada, to refineries in Oklahoma and the Gulf Coast in Texas chiefly for export to overseas markets. This oil is not intended for American consumers.

Fri Jan 27, 2017 | 10:52am EST

Keystone XL pipeline: A 'Canada First' energy plan?

Deer gather at a depot used to store pipes for Transcanada Corp's planned Keystone XL oil pipeline in Gascoyne, North Dakota, January 25, 2017. REUTERS/Terray Sylvester


By Ethan Lou | CALGARY, ALBERTA

U.S. President Donald Trump's move this week to revive the Keystone XL oil pipeline marked a major step under his "America First" energy plan to boost U.S. drillers and create new U.S. jobs. But the project's biggest winners may be Canadian.

If built, TransCanada’s Keystone XL from Alberta to Nebraska would yield about $2.4 billion (C$3.2 billion) a year for Canada, split between government revenues, shareholder profits and re-investment into the still-recovering Canadian oil patch, according to a Conference Board of Canada research note prepared for Reuters on Thursday.

That’s because the 800,000 barrels-per-day (bdp) line would provide cheaper shipping and a new outlet for the country’s vast but landlocked oil sands reserves, giving them increased access to the stronger U.S. market. Canadian producers could likely command around $2 more per barrel, analysts and investors said.

For the United States, where environmental opposition to the pipeline had led to its temporary demise under former President Barack Obama, there are also economic advantages. But it is unclear how they compare to Canada’s.

Trump has said the project would create 28,000 jobs in the United States and pledged to use American steel for the pipe.

But a 2014 State Department study predicted just 3,900 construction jobs and 35 permanent jobs. And steelmakers and analysts say TransCanada’s stringent raw materials requirements may disqualify most U.S.-based manufacturers.

Trump's invitation for TransCanada to reapply for Keystone XL, in an executive order signed on Tuesday, was welcomed by TransCanada shareholders, the Canadian energy industry and both the opposition Conservatives and governing Liberals.
"This pipeline provides a more efficient means to supply our customers in the U.S.," said Sneh Seetal, spokeswoman for Suncor Energy Inc (SU.TO), Canada's largest oil and gas company.

Officials at Canadian Natural Resources Ltd (CNQ.TO) and the Canadian Chamber of Commerce said in separate statements that such pipelines ensure "full value" for Canadian crude.

BETTER MARKET ACCESS FOR CANADA
It is yet unclear how the regulatory process in the United States will unfold. TransCanada said on Thursday it has resubmitted its application for Keystone XL. If approved, analysts estimate it would take two to three years to come online.

“Connecting our resources, which are the third-largest oil resources in the world to the largest heavy-oil refining complex in the Gulf Coast has a lot of benefits,” said Tim McMillan, the head of the Canadian Association of Petroleum Producers (CAPP).

“We can be more efficient, more effective, make investments in Canada rank higher on the priority list,” he said.

That would be welcome news for the Alberta oil sands sector still reeling from a two-year slump in oil prices that cost it more than 35,000 jobs in 2015 and the effects of wildfires last year that shut in production and sapped $1 billion in revenues.

CAPP last year estimated the industry's capital spending declined $50 billion since 2014, the largest two-year decline since it started tracking the figure in 1947.

U.S. refineries that process with heavy oil such as that from Canada would also benefit, according to Wood Mackenzie analyst Afolabi Ogunnaike, who said the facilities currently depend heavily on supply from less-reliable producers Venezuela and Mexico.

A source familiar with operations at Valero Energy Corp’s (VLO.N) 335,000 bpd Port Arthur, Texas, refinery said the company completed work last year to process greater amounts of heavy crude, anticipating an inflow of Canadian oil. Valero did not reply to a request for comment.

A Marathon Petroleum Corp (MPC.N) spokesman said Keystone XL will help bring the reliable supply of crude it needs.

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Canada’s oil industry makes up one-sixth of the nation’s economy, but it is plagued by transport constraints and relatively high cost of production.

Canadian pipeline export capacity is currently about 4 million bpd, and producers are matching that with 4 million bpd of export-ready output, according to CAPP data. But supply available for export is expected to grow to 5.5 million bpd by 2030, and the industry wants more pipeline to accommodate it.

The Canadian government approved two pipeline projects late last year, Kinder Morgan's (KMI.N) Trans Mountain pipeline and Enbridge's (ENB.TO) Line 3, that are intended to further help the industry access higher-priced markets.

Without pipelines, shippers would increasingly need to export by rail, a more expensive option that would eventually lower the price of their product even further to about $18 to $20 below the U.S. benchmark, Wood Mackenzie’s Ogunnaike said.

Royal Bank of Canada analysts said in a note that Trump’s support for the pipeline "is not a silver bullet for Canadian crudes in the near term."

But they added "the longer-term lookout for Canadian crudes is brighter today than it was a few short months ago."

For graphic on Keystone Pipeline click: tmsnrt.rs/2jclJao

http://www.reuters.com/article/us-us...-idUSKBN15A36Y

The Keystone XL Pipeline, which Trump just advanced, will carry the dirtiest fossil fuel on the planet