Tuesday, February 26, 2013

For Investors Only: Enbridge (ENB) Drops After-Hours; About Same Time WSJ Posts An Article Featuring Canadian Ambassador Speaking on Merits of Keystone; Says It Should Be Approved This Spring

Updates

February 27, 2013: with regard to "huge" after-hours drop in ENB yesterday; never mind. ENB is up slightly from yesterday's close. The after-hours drop appears to have been a one-off, but we will see how the rest of the day goes.

Original Post
The Wall Street Journal is reporting:
Canadian officials have been ramping up their public lobbying in support of U.S. approval of TransCanada Corp.’s Keystone XL pipeline expansion. The Obama administration is expected to make a ruling in coming months
Amid that campaign, Gary Doer, Canada’s ambassador to Washington, told Canada Real Time that he has a question for the American people: “Do you want your oil from Hugo Chavez or do you want it from Canada?” 
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