Wednesday, February 22, 2012

Keystone XL -- Nice Update at Market Watch; Companies Profiting From Demise of Keystone XL 1.0 and 2.0

Link to Market Watch here.

It's a great article considering the writer admits he voted for Obame the first time around will "probably" do so this time. (This tells me that folks are voting for Obama, not for his policies, but for his "million dollar smile.")


Another Market Watch article here: how some companies will profit from the delay (Warren's company is not mentioned, unless I missed it).  But my favorite pipeline company, Enbridge, is.
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2 comments:

  1. GrantFebruary 22, 2012 at 3:43 PM

    I'm sure you'll get a kick out of this...
    http://www.cnn.com/2012/02/22/opinion/turner-keystone-pipeline/index.html?hpt=hp_t3

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    1. Bruce OksolFebruary 23, 2012 at 6:41 AM

      Wow. I guess he likes thousands of trucks and unit trains spewing CO2 into the atmosphere, as well as whatever toxins the environmentalists note in exhaust. The Canadian sands will be developed with/without the pipeline; that part of his argument is spurious. The Enbridge spill he references did occur, but turned out to be a non-event which was quickly taken care of.

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