Pipelines Are Sinking Energy Stocks

By Aimee Duffy and Tyler Crowe – May 23, 2013 at 1:13PM

NYSE: TRP

Tc Energy

Market Cap

$37B

Today's Change

(-0.33%) -$0.12

Current Price

$35.91

Price as of April 24, 2024, 4:00 p.m. ET

A lack of takeaway capacity is ruining Canadian energy stocks

Outside of being a hot-button environmental issue, TransCanada's (TRP -0.33%) Keystone XL is having a major impact on the depressed price of Canadian crude oil. In this video, Fool.com contributor Aimee Duffy takes a look at a handful of pipeline projects that have yet to be realized that are having a devastating impact on Canadian energy stocks.

Motley Fool contributor Aimee Duffy has no position in any stocks mentioned. Motley Fool contributor Tyler Crowe has no position in any stocks mentioned. For more energy information, follow them on Twitter, @TMFDuffy and @TylerCroweFool.

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