DAPL Protesters Can Now Move To British Columbia; The Sooner, The Better -- November 29, 2016

We've been waiting for this one. It must be a big story -- the story made The New York Times. Data points:

• Trudeau approves the expansion of a pipeline linking the Alberta oil sands to a tanker port in British Columbia
• KMI
• 53-year-old pipeline
• critical to Alberta's oil industry
• will increase capacity from 300,000 to 890,000 bopd
• Trudeau said his decision was based on ... get this ... science

The DAPL protestors can now move to BC.

But it would have been easier for all involved if Trudeau had simply "vetoed" the entire project.  Now the Canadians will have to live through five years of litigation and never-ending news stories on the pipeline.

By the way, how is KMI doing? Very green YTD but very red if one extends the time frame any longer. Still pays about 2.3%. Trading near it's 52-week high.

Apache, The Shadows