August 29, 2008

Canadian welders thank Sarah Palin

On Wednesday, Alaska governor and McCain veep Sarah Palin awarded a potential $30 billion contract — including a 500 million dollar advance — for construction of a 1700-mile pipeline between Prudhoe Bay and Alberta to TransCanada Corp., based in Calgary.

Technically, it's not shipping jobs "overseas."

7 comments:

Publius said...

That's more foreign policy experience than Obama has...

illusory tenant said...

I guess we'll learn more about that on Oct. 2.

Super Id said...

It's a smart move, lock in labor rates while the U.S. Dollar still has 500 pips on the Loonie.

illusory tenant said...

TransCanada is an owner/engineer, and subs all the labor out to pipeline contractors, but I'm sure the exchange rate was a factor.

Although a couple of the other bidders (including Houston's ConocoPhillips) said they couldn't meet the technical specifications.

Roland Melnick said...

How dare we do business with Canada!! They are part of the Axis of Intoxication you know....always giving you that smug look, like..."oh you're going to buy delicious Molson products...." Damn evil Canadians!

illusory tenant said...

Fear not, the gas is destined ultimately for the continental U.S. of A. once it hits the distribution facilities in Alberta. But it will be lots and lots of work for the Canuckians.

capper said...

Glad to see she is all for McCain's economic failure to recover plan.