- Shred price forecast?
The Senate passed the Keystone pipeline this past week. The ball will eventually fall on the kings lap as to veto it or not. He already said he would veto it if it gets to his desk. As far as shred prices the positive is lower prices at the pump. I woukd take the lower prices anytime. Remember we don't just take shred in to the yards and we all use our vehicles for more than just scrapping. The other positive is I have seen more scrap at the curbs lately and less scrappers.
As a side thought--if the pipeline gets shot down look for the Saudis to shut off the spigot again and drive prices back up.
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