The state of Florida is increasingly turning away from fuel oil power plants, replacing them with facilities that run on cheap and plentiful natural gas instead. Though the falling price of domestic coal may make it competitive again in certain regions of the country, transportation costs to the Southeast, combined with the region's efficient natural gas power plants, indicate that this will be a strong market for the commodity for years to come. In this video, Fool.com contributor Aimee Duffy looks closely at this trend, and offers up the least risky way investors can take advantage.
It's easy to forget the necessity of midstream operators that seamlessly transport oil and gas throughout the United States. Kinder Morgan is one of these operators, and one that investors should commit to memory due to its sheer size - it's the third-largest energy company in the U.S. - not to mention its enormous potential for profits. In The Motley Fool's premium research report on Kinder Morgan, we break down the company's growing opportunity - as well as the risks to watch out for - in order to uncover whether it's a buy or a sell. To determine whether this dividend giant is right for your portfolio, simply click here now to claim your copy of this invaluable investor's resource.
The article Stocks That Win When Florida Increases Nat-Gas Use originally appeared on Fool.com.
Motley Fool contributor Aimee Duffy has no position in any stocks mentioned. If you have the energy, follow her on Twitter where she goes by @TMFDuffy.The Motley Fool recommends Kinder Morgan and Spectra Energy. The Motley Fool owns shares of Kinder Morgan. 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.
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