(02-26-2017 09:12 PM)Side Show Joe Wrote:  

(02-26-2017 10:21 AM)Tom in Lazybrook Wrote:  

(02-25-2017 06:52 PM)Side Show Joe Wrote:  

(02-25-2017 05:03 PM)Kruciff Wrote:  Link

Quote:But Mexico's foreign minister Luis Videgaray said his country would respond to any tax levied by the US and that they did not actually need financial help.

He warned Mexico could impose levies on select goods aimed at US regions most reliant on exports south of the border, such as Iowa, Texas and Wisconsin.

Speaking during a radio interview, Mr Videgaray said: "Without a doubt, we have that possibility and what we cannot do is remain with our arms crossed.

"The Mexican government would have to respond."

Anyone familiar with the supply chain set up from Mexico? Imagine if all of that were shut down. I know for a fact I'd be out of a job, and many other Americans.

The guy lost all credibility with that statement. Texas is very self sufficient. We even have our own power-grid. And we have plenty of destinations for our exports. On the other hand, the major Mexican city of Monterrey (1.1 million people) depends on natural gas from wells in South Texas. Mr. Videgaray and his government need to consider which nation would suffer more from a trade war.

I worked for several companies selling that gas to Pemex.

If we cut off natgas exports from South Texas, you'd throw American workers out of jobs. And Mexico has nat gas, just doesn't have the pipes to get it to Nuevo Leon.

Basically, Mexico has the ability to serve itself with domestic nat gas. But they haven't bothered because its cheaper to just buy STX nat gas than to build the pipes. Monterrey would suffer for about a year, then South Texas would suffer permanently.

No way Mexico can build the infrastructure to replace those wells in a year. The gas in those south Texas fields would just be sold to other buyers.

Sure some American jobs might be effected by this, but it would surely cripple Mexico's economy. Disrupting Monterrey's energy supply would have a massive effect on American factories located there, and only create an incentive to bring those jobs back to the US. Mexico just can't afford a trade war.

Who the F is going to buy it? Cut off Mexico and only a fool would do business with the US on energy after that.

(02-26-2017 10:48 PM)Tom in Lazybrook Wrote:  

(02-26-2017 09:12 PM)Side Show Joe Wrote:  

(02-26-2017 10:21 AM)Tom in Lazybrook Wrote:  

(02-25-2017 06:52 PM)Side Show Joe Wrote:  

(02-25-2017 05:03 PM)Kruciff Wrote:  Link


Anyone familiar with the supply chain set up from Mexico? Imagine if all of that were shut down. I know for a fact I'd be out of a job, and many other Americans.

The guy lost all credibility with that statement. Texas is very self sufficient. We even have our own power-grid. And we have plenty of destinations for our exports. On the other hand, the major Mexican city of Monterrey (1.1 million people) depends on natural gas from wells in South Texas. Mr. Videgaray and his government need to consider which nation would suffer more from a trade war.

I worked for several companies selling that gas to Pemex.

If we cut off natgas exports from South Texas, you'd throw American workers out of jobs. And Mexico has nat gas, just doesn't have the pipes to get it to Nuevo Leon.

Basically, Mexico has the ability to serve itself with domestic nat gas. But they haven't bothered because its cheaper to just buy STX nat gas than to build the pipes. Monterrey would suffer for about a year, then South Texas would suffer permanently.

No way Mexico can build the infrastructure to replace those wells in a year. The gas in those south Texas fields would just be sold to other buyers.

Sure some American jobs might be effected by this, but it would surely cripple Mexico's economy. Disrupting Monterrey's energy supply would have a massive effect on American factories located there, and only create an incentive to bring those jobs back to the US. Mexico just can't afford a trade war.

Who the F is going to buy it? Cut off Mexico and only a fool would do business with the US on energy after that.

All of central America, most of the Scandinavian countries, and Greenland, just for starters. They produce almost no natural gas. The gas could easily be shipped to those destinations. Only a fool would not want to do business with the largest economy in the world. Again, Mexico would certainly come out worse, and can't afford a trade war.

(02-26-2017 10:46 PM)Tom in Lazybrook Wrote:  

(02-25-2017 07:34 PM)Side Show Joe Wrote:  Just for comparison, Texas has a larger economy then Mexico. Mexico is ranked 15th. If Texas was an independent country, we would be ranked 10th. A trade war might cause some issues in the US economy, but it would cause economic collapse and civil unrest throughout Mexico. If there is to be a trade war, the wall better be finished before it starts.

Texas would get hurt just as bad as Mexico by a trade war. And the Mexicans are pretty much united. We aren't.

You have provided no evidence to back up this claim, and united has nothing to do with it. This is a matter of dependency. Texas does not depend on trade with Mexico. Texas exports more goods then any other state in the America. The Houston Ship Channel is the 6th largest in the world, and the largest in the US. All of that stuff isn't headed to Mexico. Mexico would certainly be hurt worse.

(02-26-2017 11:06 PM)Side Show Joe Wrote:  

(02-26-2017 10:48 PM)Tom in Lazybrook Wrote:  

(02-26-2017 09:12 PM)Side Show Joe Wrote:  

(02-26-2017 10:21 AM)Tom in Lazybrook Wrote:  

(02-25-2017 06:52 PM)Side Show Joe Wrote:  The guy lost all credibility with that statement. Texas is very self sufficient. We even have our own power-grid. And we have plenty of destinations for our exports. On the other hand, the major Mexican city of Monterrey (1.1 million people) depends on natural gas from wells in South Texas. Mr. Videgaray and his government need to consider which nation would suffer more from a trade war.

I worked for several companies selling that gas to Pemex.

If we cut off natgas exports from South Texas, you'd throw American workers out of jobs. And Mexico has nat gas, just doesn't have the pipes to get it to Nuevo Leon.

Basically, Mexico has the ability to serve itself with domestic nat gas. But they haven't bothered because its cheaper to just buy STX nat gas than to build the pipes. Monterrey would suffer for about a year, then South Texas would suffer permanently.

No way Mexico can build the infrastructure to replace those wells in a year. The gas in those south Texas fields would just be sold to other buyers.

Sure some American jobs might be effected by this, but it would surely cripple Mexico's economy. Disrupting Monterrey's energy supply would have a massive effect on American factories located there, and only create an incentive to bring those jobs back to the US. Mexico just can't afford a trade war.

Who the F is going to buy it? Cut off Mexico and only a fool would do business with the US on energy after that.

All of central America, most of the Scandinavian countries, and Greenland, just for starters. They produce almost no natural gas. The gas could easily be shipped to those destinations. Only a fool would not want to do business with the largest economy in the world. Again, Mexico would certainly come out worse, and can't afford a trade war.

Trump cuts of Mexico and then Central America is going to allow themselves to become dependent on Trump nat gas And how do you propose we export nat gas to Central America? Got a couple of billion for a LNG regassification plant? And piping to get to consumers? By the way, Guatemala will be getting its natural gas via a pipeline.......from MEXICO. Mexico has large nat gas reserves BTW.

Norway EXPORTS nat gas. Twenty-two percent of all Norweigian exports are natural gas. 21 Billion dollars worth last year. Greenland isn't a big user of energy.

(02-26-2017 10:46 PM)Tom in Lazybrook Wrote:  

(02-25-2017 07:34 PM)Side Show Joe Wrote:  Just for comparison, Texas has a larger economy then Mexico. Mexico is ranked 15th. If Texas was an independent country, we would be ranked 10th. A trade war might cause some issues in the US economy, but it would cause economic collapse and civil unrest throughout Mexico. If there is to be a trade war, the wall better be finished before it starts.

Texas would get hurt just as bad as Mexico by a trade war. And the Mexicans are pretty much united. We aren't.

Looked like on the news this weekend they have their own internal problems going with gas prices and corruption. Im not particularly concerned with their resolve at this point. Hopefully no trade wars occur anyway. Im not in favor of such policy.