Enbridge is the Canadian midstream company responsible for transporting 70% of the Canadian oil that the United States imports from our northern neighbor. The midstream giant returned close to 15% this year, but one of its biggest hopes for future growth -- its Northern Gateway pipeline project -- may be stymied because of political and environmental opposition. In this video, energy analyst Aimee Duffy takes a look at what is contributing to the Canadian company's woes and how an oil industry precedent could point toward a light at the end of the tunnel.
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The article 1 Thing to Watch at Enbridge in 2013 originally appeared on Fool.com.
Fool contributor Aimee Duffy has 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 may not 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.