Photo credit: LINN Energy 

LINN Energy (NASDAQOTH:LINEQ) and LinnCo (UNKNOWN:LNCO.DL) have been under a lot of pressure from investors and analysts to stabilize the company's production so that it will be easier to grow the payout in the future. To do so LINN Energy and LinnCo need to get the company's production decline rate to a more manageable level. The company's recent asset trade involving its acreage in the Permian Basin is a step in the right direction. However, the best way for LINN Energy to get its decline rate under control is to join Kinder Morgan Energy Partners (UNKNOWN:KMP.DL) and become a leader in using carbon dioxide in enhanced oil recovery.

Currently, LINN Energy and a partner are working on an enhanced oil recovery project in the Rockies. The Salt Creek Field in Wyoming is just the type of assets that LINN Energy and LinnCo need to buy next as ultra-low declining assets like these are a perfect fit for an MLP like LINN Energy.

I created the following slideshow presentation to help investors gain a better general understanding of carbon dioxide enhanced oil recovery and why it will help LINN Energy and LinnCo. The presentation details Kinder Morgan Energy Partners' premier position in enhanced oil recovery as well as highlights some recent transactions in the sector. 

Matt DiLallo owns shares of Linn Co, LLC and Linn Energy, LLC. The Motley Fool recommends BreitBurn Energy Partners. 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.