Canada Couldn't Pick a Worse Time for a Pipeline Spill
There's no way around it -- an oil spill is horrible news any time it happens. When a spill happens in the middle of a major pipeline project debate, it makes for an even stickier situation. Unfortunately for Canada, this is exactly what just happened. This past week, pipeline spills from Apache , Plains All American Pipeline and Kinder Morgan Energy Partners all made front page news with various spills across the country.
Even though the Kinder Morgan spill was about 12 barrels of oil, it could be worrisome, as political resistance is sure to ramp up for its Trans Mountain pipeline expansion. In this video, Fool.com contributors Tyler Crowe and Aimee Duffy take a look at what spills could mean for Kinder Morgan's expansion plans and other pipeline projects hoping to get built in Canada.
While this pipeline problem could continue for quite some time, don't forget that Kinder Morgan's asset portfolio is both very diverse and massive -- it's the fourth largest energy company in the U.S. Because of it's gigantic energy infrastructure, it has enormous potential for profits from the U.S. energy boom. 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 Canada Couldn't Pick a Worse Time for a Pipeline Spill originally appeared on Fool.com.Fool contributor Aimee Duffy has no position in any stocks mentioned. Fool contributor Tyler Crowe has no position in any stocks mentioned. You can follow them both on Twitter@TMFDuffy and @TylerCroweFool, respectively. The Motley Fool owns shares of Apache. 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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