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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 455.37

+3.1%

Feb 6 4:00 PM EST

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To: John Vosilla who wrote (127393)	12/30/2016 5:47:21 PM
From: Snowshoe	Read Replies (1) of 220082

>> Under DJT we will build things again ... << Where do we get the construction workers? They're already busy building stuff ... U.S. refiners face severe labor shortage for deferred maintenance reuters.com After years of running flat out, U.S. Gulf Coast refiners are lining up repairs to plants in 2017 - but facing a severe labor shortage that could delay work, drive up costs and raise accident risks. Fuel producers such as Marathon Petroleum Corp (MPC.N) and Valero Energy Corp (VLO.N) have delayed routine work in the past 24 months amid high margins. Those margins collapsed this year in a global fuel supply glut, providing an incentive for refiners to undertake the shutdowns necessary for maintenance. But refiners are now competing for pipe fitters and ironworkers with a host of billion-dollar energy projects, including Cheniere Energy's (LNG.A) liquefied natural gas export terminals and a new petrochemical unit for Dow Chemical (DOW.N). ***** IIR estimates that the coastal region from Brownsville, Texas to New Orleans - the largest U.S. refining region - will be short roughly 37,400 craftsman needed to complete all of the planned capital projects in 2017.

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