New News and Events MP 2018.png
Global reach icon 2018.png

Maine Pointe In The News

Tony Planos Discusses How China’s Growth and Trade Wars Impact the U.S. Energy Sector

How will new tariffs and the ongoing trade war with China impact the U.S. oil & gas industry? Maine Pointe's Oil & Gas Industry Partner Tony Planos shares his insights on this topic. Tony is quoted throughout the article, predicting 30 years of growth in demand, even with factors that include China's push towards renewables, and steel tariffs impacting drilling and pipeline costs. This article offers insights into China's future goal of reaching GDP per capita parity with the US and OECD by 2050.

Originally Published in International Policy Digest

The North American oil and gas industry, despite numerous challenges, has a bright future for the next 30 years, although several mitigating factors need to be addressed to meet growth targets. While tariffs, trade wars, and China’s energy policy both present major considerations that must be dealt with, other factors include an eroding skill set, a push towards renewables and alternative energy, a need to adapt refineries to meet new decarbonization and desulfurization policies, and increased demand from the developing world.

Topics: Oil & Gas Total Value Optimization Steel & Aluminum Tariffs Tariffs Maine Pointe global trade Tony Planos gas pipelines oil piplines

Steel Tariffs, Trade Wars And The Coming Supply Chain Disruptions

Originally posted in Innovation Enterprise

How domestic manufacturers will prepare for the coming changes

Steel and aluminum tariffs have taken analysts and observers by surprise due to their sweeping and sudden nature, and the long-term impact – and what exclusions may eventually be put into place – remains to be seen. Most economists agree that in today's global economy, punitive tariffs and the trade war that will ensue will come to no good end.

Topics: Supply Chain Performance Steel & Aluminum Tariffs Tariffs