re: These tariffs on China will kill the oil industry.

Risk a global trade war over some stolen intellectual property? No. Not the answer.

How about, don't trade with China at all in the intellectual property industry since you guys claim it's a small amount we're even exporting to there.

You don't think Russia, India, and other countries don't steal our intellectual property? Please...

Or, we could lock down how we deal with trade secrets and patents (as in, not public record -- a novel idea) and punishing companies for entering into such partnerships with the Chinese that allows for intellectual property theft. That would work more than stupid tariffs.

I said in a large part, I didn't say they didn't at all.

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Since The oil industry only uses U.S. Made steel,how will these tarrifs raise the price of their steel?

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The oil industry uses a lot of Chinese steel...see my earlier post.

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Since The oil industry only uses U.S. Made steel,how will these tarrifs raise the price of their steel?

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I don't think this is the case.

Tariffs will give US producers reason to raise their prices as well. It's going to go up across the board.

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That's what that conservative kid that bombed one people in Austin said

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Derp

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Really? O&G cos.

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The question relates to pipe manufacture and defacto steel transshipping

Um, no it's not. Have you ever taken economics?

So you'd say we have a great supply of oil? Won't need it much longer if so, in the long run, the prices will rise.

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The oil industry uses a lot of Chinese steel...see my earlier post.

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I don't, and have never worked in the Oil producing industry.
I have seen other posters say that the O/G industry doesn't use Chinese steel.

Now I have done a lot of piping,setting up fueling stations,stuff like that,and using chinese valves,couplings,fittings was a big mistake,that I have made before.
When it was time to do the leak tests,and put the air pressure to it and sprayed the shite down,it would look like a kid with a bubble blower.
I can see how they might risk it once,but not much after that.

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Have you ever taken economics?

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Yes....and taught economics, too. And, um, yes, you have it backwards.

If there is less demand for a product or service then price will go down.

If you argue with that Econ 1001 basic principle then you're an idiot.