Post Tagged with: "steel tariffs"

U.S. Oil Firms Challenge Pipeline Surcharge for Steel Tariff: Filing

U.S. Oil Firms Challenge Pipeline Surcharge for Steel Tariff: Filing

From Reuters


Two U.S. shale producers have challenged an energy pipeline operator’s proposed surcharge for the Trump administration’s 25% tariff on imported steel, raising the stakes for pipeline builders facing higher construction costs.

The United States imposed tariffs on imported …

Source: Gassco Karsto Pipes

U.S. Oil Pipeline Companies Seek Tariff Exemptions

From Reuters

Major U.S. energy companies including Plains All American Pipeline (PAA.N), Hess Corp (HES.N) and Kinder Morgan Inc (KMI.N) are among many seeking exemptions from steel-import tariffs as the United States ratchets up trade tensions with exporters including China, …

API Says Steel Tariffs Will Hurt Oil, Gas, NGLs

API Says Steel Tariffs Will Hurt Oil, Gas, NGLs

Jack Gerard, president and chief executive officer of the American Petroleum Institute, issued a statement on behalf of its oil and gas industry members speaking against the decision by the White House to activate steel tariffs on Canada, Mexico and …

June 1, 2018 - 2:34 pm Closing Bell Story‎, Oil and Gas 360 Articles
Prepare for Steel Tariffs to Squeeze Margins in West Texas, Private Equity Investors Say

Prepare for Steel Tariffs to Squeeze Margins in West Texas, Private Equity Investors Say

Service companies first, then producers

From the Houston Chronicle

The Trump Administration’s steel tariffs will increase costs in the West Texas oil patch at a time when drillers and service firms already faced rising labor and materials costs, investors say.…

March 27, 2018 - 12:52 pm Closing Bell Story‎, Energy News
Source: Cheniere

LNG and Steel: Tariffs Could Lower Competitiveness of U.S. NatGas Exports – Trade Group

Steel, aluminum tariffs take effect March 23

When Shell (ticker: RDS.A) released its 2018 LNG Outlook in late February, the global oil and gas major said that surging global LNG demand could lead to possible shortages in the Mid-2020s. Shell …