Please ensure Javascript is enabled for purposes of website accessibility

Texas Senator Wants More Than Just Keystone XL

By Joel South and Taylor Muckerman – Feb 12, 2014 at 4:20PM

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

Texas Senator Ted Cruz wants more focus on all energy issues, not just the Keystone XL pipeline.

First-term Texas Senator Ted Cruz wants lawmakers to stop obsessing over TransCanada's (TRP 0.92%)Keystone XL pipeline, and take a more holistic look at the fossil fuel industry in the United States. Senator Cruz discussed George Mitchell, founder of Mitchell Energy and the pioneer of unconventional drilling as we know it today, explaining the potential the U.S. has if government regulation doesn't sidetrack exploration and production in shale plays in addition to emerging offshore plays. An all-of-the-above approach will help grow our manufacturing base, but approving Keystone XL should still be the main focus so the United States can keep strong relations with Canada, still our largest oil supplier. 

Top stock for 2014
There's a huge difference between a good stock and a stock that can make you rich. The Motley Fool's chief investment officer has selected his No. 1 stock for 2014, and it's one of those stocks that could make you rich. You can find out which stock it is in the special free report "The Motley Fool's Top Stock for 2014." Just click here to access the report and find out the name of this under-the-radar company.

This segment is from Tuesday's edition of Digging for Value, in which sector analysts Joel South and Taylor Muckerman discuss energy and materials news with host Alison Southwick. The twice-weekly show can be viewed on Tuesdays and Thursdays. It can also be found on Twitter, along with our extended coverage of the energy and materials sectors @TMFEnergy.

Alison Southwick has no position in any stocks mentioned. Joel South has no position in any stocks mentioned. Taylor Muckerman has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. 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.

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

TC Energy Stock Quote
TC Energy
TRP
$49.26 (0.92%) $0.45

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

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning analyst team.

Stock Advisor Returns
356%
 
S&P 500 Returns
118%

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 11/26/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

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