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/biz/ - Business & Finance

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550084 No.550084 [Reply] [Original]

So, it looks like the Keystone Pipeline project is going to go ahead: http://www.reuters.com/article/2014/11/13/us-usa-keystone-landrieu-idUSKCN0IW2EG20141113

Putting on your investing hat, what are some non-obvious companies that will see a boost from the actual start and eventual completion of the project?

>> No.550231

Construction or Survey Companies.
TNK IPSCO makes oil pipe in Texas. Not sure who they compete with...
Local cement plants/Lafarge/etc
Valero has publicly made a huge volume commitment for oil to be shipped through it

>> No.550399

Concrete testing labs like Fugro. Also welding supply and support companies. I will think of some more.

>> No.550403

Extended stay hotels around the path of the pipeline

>> No.550410

Steel toe boot makers. Whoever makes hard hats. Chainsaw makers.

>> No.550414

Port o potty and waste management companies in the areas

>> No.550424

wtf are those steel cylinders on top of.the support posts for?

>> No.550430

oh so that's why the oil price is going down...

>> No.550432

Obamanigger said he will veto it. So while it will now pass the Senate as well as the House, it wont become law until we get rid of the great ape in the White House. Too many Dimocrats are opposed to it because they hate capitalism.

>> No.550479

>>550432
you stupid fuck, it'll leak into the water

>> No.550635

>>550430
Nope not at all. Saudi Arabia is driving the price down to make retarded projects like this not happen. Saudi Arabia could easily push their cost per barrel down so much of the US isn't producing, if they felt like it. In the $70/barrel range.. most new projects in North America aren't profitable. $60/barrel and a lot of those faggot oilriggers and petroleum "engineers" who rode the oil bandwagon are going to get pay cuts.

$50/barrel and it's game over unless oil companies pay off Goldman Sachs and other investment banks to manipulate oil prices higher. GS will make money either way.. there's a lot more downside for them to milk so they'd need to see hundreds of millions for a bribe to make sense.


Soo.... why the fuck is anyone long US energy right now? Why do you faggots still worship Keystone Lite?

>> No.550668

Can anyone explain to me why people are for the pipeline? Truckers should be in full protest mode, because there jobs are gone!

>> No.550676

The pipeline is irrelevant at this point because they found other ways to bring the oil over (read:rail).

>> No.550684

>>550676
Wouldn't it be more relevant if it allows them to make money on oil at a lower price per barrel?

>> No.550686

>>550635
Without subsidies, that would happen, but we didn't become top country without accounting for stuff like that. Read a newspaper, goddamn.

>> No.550696
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550696

>>550432

>> No.550705

>>550684
Haven't done the math, but that pipeline can't be cheap to build. Meanwhile all the rail tracks are already there.

>> No.550707

>>550676
Shooting a load of oil down a pipe is a fuckton cheaper than shipping it by train. It's still very much in the industry's interest to build the pipeline.

>> No.550845

>>550705
What are you smoking. There is no way a rail is more efficient/cheap than a pipeline.

>> No.550976

>>550430
No.