Canada Couldn't Pick a Worse Time for a Pipeline Spill

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There's no way around it -- an oil spill is horrible news any time it happens. When a spill happens in the middle of a major pipeline project debate, it makes for an even stickier situation. Unfortunately for Canada, this is exactly what just happened. This past week, pipeline spills from Apache (NYSE: APA  ) , Plains All American Pipeline (NYSE: PAA  ) and Kinder Morgan Energy Partners  (UNKNOWN: KMP.DL  ) all made front page news with various spills across the country. 

Even though the Kinder Morgan spill was about 12 barrels of oil, it could be worrisome, as political resistance is sure to ramp up for its Trans Mountain pipeline expansion. In this video, contributors Tyler Crowe and Aimee Duffy take a look at what spills could mean for Kinder Morgan's expansion plans and other pipeline projects hoping to get built in Canada.

While this pipeline problem could continue for quite some time, don't forget that Kinder Morgan's asset portfolio is both very diverse and massive -- it's the fourth largest energy company in the U.S. Because of it's gigantic energy infrastructure, it has enormous potential for profits from the U.S. energy boom. To determine whether this dividend giant is right for your portfolio, simply click here now to claim your copy of this invaluable investor's resource.

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  • Report this Comment On June 22, 2013, at 12:56 PM, megalo99 wrote:

    where did this make front page news exactly? i don't recall seeing any of this and I am constantly watching or reading news sources.

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