With the coming North American oil boom ramping up, more and more companies are finding themselves without the midstream capabilities to transport all the oil they are producing. So, any transport company that can position itself for high volume now will have the deck stacked in its favor. Enbridge (NYSE: ENB) is preparing for just that. In this video, Motley Fool energy analyst Joel South tells us about two recent expansion plans for this midstream company. One is a pipeline connecting Edmonton, Alberta, into a network that can deliver crude oil to the Great Lakes region, in addition to running through TransCanada's (NYSE: TRP) Keystone XL pipeline. Another is a railroad designed to bring oil from the Bakken Shale east to Philadelphia.
Joel South has no positions in the stocks mentioned above. Taylor Muckerman has no positions in the stocks mentioned above. The Motley Fool owns shares of Kinder Morgan. Motley Fool newsletter services recommend 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.