EDITORIAL: Borrowing from China to ship Korean goods (iStockAnalyst)
Sunday, January 23, 2011 5:51 AM
(Source: Lewiston Morning Tribune, Idaho)By The Lewiston Morning Tribune, IdahoJan. 23--Manufacturing equipment in Japan and shipping it to ConocoPhillips' refinery at Billings, Mont., apparently is cheaper or more practical than building it in this country.
Ditto for building mining machinery in South Korea that ExxonMobil wants for its Kearl Oil Sands project in Alberta, Canada.
And the most convenient or least expensive way to transport those devices either to the Billings refinery or the Alberta oil sands site is to ship them up the Columbia and Snake rivers to the Port of Lewiston, then truck them up U.S. Highway 12.
The four ConocoPhillips shipments and 207 ExxonMobil loads are longer, wider, higher, heavier and more numerous than anything that's gone up that highway before.
So why does this project need a federal subsidy? And why is it that the last to know are the people most affected?
Last March and again earlier this month, the Tribune's Elaine Williams noted how the Port of Lewiston wanted the federal Treasury to help expand its facilities to accommodate megaload shipments.
READ FULL STORY HERE
Ditto for building mining machinery in South Korea that ExxonMobil wants for its Kearl Oil Sands project in Alberta, Canada.
And the most convenient or least expensive way to transport those devices either to the Billings refinery or the Alberta oil sands site is to ship them up the Columbia and Snake rivers to the Port of Lewiston, then truck them up U.S. Highway 12.
The four ConocoPhillips shipments and 207 ExxonMobil loads are longer, wider, higher, heavier and more numerous than anything that's gone up that highway before.
So why does this project need a federal subsidy? And why is it that the last to know are the people most affected?
Last March and again earlier this month, the Tribune's Elaine Williams noted how the Port of Lewiston wanted the federal Treasury to help expand its facilities to accommodate megaload shipments.
READ FULL STORY HERE
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