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AISI applauds presidential action to move forward on energy projects

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Oilfield Technology,

Thomas J. Gibson, president and CEO of the American Iron and Steel Institute (AISI), has applauded President Trump's executive actions to expedite key energy projects, facilitate American steel contributions to future energy infrastructure, and lower regulatory burdens for domestic manufacturing:

“We commend the President for his swift and decisive executive actions taken today. It is important the Keystone XL and Dakota Access pipelines be approved and completed soon. These pipelines will help ensure that reliable and plentiful domestic energy sources are fully utilised.

“The President’s actions today recognise the essential nature of the domestic steel industry to producing American energy resources and getting them to customers. They will expand markets for high-value steel products that are essential for oil, natural gas and electricity production and transmission. Exploring ways to reduce regulatory burdens for our manufacturing operations is sorely needed.

“Taken together, building these pipelines, ensuring key markets for domestic steel and pipe products, and lowering the burdens to manufacturing in the US, will help ensure that our industry remains highly productive and internationally competitive. The steel industry is grateful for the President’s commitment to enhancing American manufacturing and preserving steel industry jobs.”

AISI serves as the voice of the North American steel industry in the public policy arena and advances the case for steel in the marketplace as the preferred material of choice. AISI also plays a lead role in the development and application of new steels and steelmaking technology. AISI is comprised of 18 member companies, including integrated and electric furnace steelmakers, and approximately 120 associate members who are suppliers to or customers of the steel industry.

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