TransCanada will start building the southern portion of its infamous Keystone Pipeline, after a county judge in Texas ruled in favor of the company. By being granted eminent domain, TransCanada will move to relieve the WTI bottleneck in Cushing, Okla., with a pipeline heading to the Gulf of Mexico. In this edition, Fool.com editor Joel South addresses the companies that will benefit and those that will lose if the Keystone project is fully completed.
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The article The Keystone Pipeline Takes Another Step Forward originally appeared on Fool.com.
Austin Smith and Joel South have no positions in the stocks mentioned above. The Motley Fool owns shares of ExxonMobil. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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