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.
You're reading a free article with opinions that may differ from The Motley Fool's Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More
1 Pipeline Transport Company Preparing for the Oil Boom
NYSE: ENB
Enbridge

As the oil glut ramps up in North America, this midstream company is going to be prepared.
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. 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.
Stocks Mentioned





*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
Related Articles





Premium Investing Services
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.