Due to uncertainty about the completion date of the Keystone XL pipeline, Canadian National Railway stands to benefit the most from increased movement of crude by rail. The company has exposure to the Bakken Region and owns the only railroad in the massive Athabasca Oil Sands deposit in Alberta. CN moves crude to refineries in the U.S. Gulf Coast and Eastern Canada. CN will be hauling crude for many years to come. I like all railroad stocks mentioned in this article, but I believe CN holds an edge over the others in the movement of crude.Disclaimer: this is not an investment site. Do not make any investment decisions based on what you read here, or what you think you have read here.
Tuesday, June 4, 2013
The Best Crude Rail Play -- Motley Fool
Despite being another tease to subscribe to the Motley Fool, there is a lot of interesting information in this sales pitch.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.