Kinder Morgan Energy Partners (NYSE:KMP) had a great plan to convert some natural gas pipelines owned by El Paso Pipeline Partners (NYSE:EPB) into a crude oil system that would feed California refiners with West Texas crude. It looked like a win-win situation; after all, what refiner wouldn't want to replace expensive foreign imports with the cheap, homegrown stuff?

As it happens, the refiners want domestic crude, but they don't want a 20-year pipeline agreement. In this video, Fool.com contributor Aimee Duffy takes a look at who is passing on Kinder Morgan's crude and why.

Fool contributor Aimee Duffy has no position in any stocks mentioned. The Motley Fool recommends El Paso Pipeline Partners LP, Kinder Morgan, and ONEOK Partners, L.P. The Motley Fool owns shares of Kinder Morgan. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.