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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?


To: Ditchdigger who wrote (10360)11/10/2011 3:31:35 PM
From: gregor  Read Replies (2) | Respond to of 34328
 
Another company that will benefit from the holdup on Keystone pipeline is NuStar. (NS). They are shipping the heavy oil to a refinery in New Jersey via rail car. The bottleneck is Cushing Okl. The Keystone will terminate in Illinois. Anyone know the refinery there and who owns it ?



To: Ditchdigger who wrote (10360)11/10/2011 6:33:58 PM
From: chowder  Respond to of 34328
 
Re: EPD ... Ditch, I think the Yahoo chart is including the distributions. I think that's why our numbers varied.

I looked at M* and they show total return (Share price + distribution) and YTD they say EPD is up 13% plus.

performance.morningstar.com



To: Ditchdigger who wrote (10360)11/11/2011 5:02:13 AM
From: Bocor  Respond to of 34328
 
Enbridge’s Oil-Sands Pipeline Gains from Delays to Keystone XL

businessweek.com

Enbridge Inc. may win more customers and better financial terms for its new oil-sands pipeline project while an expanded government review delays TransCanada Corp.’s rival Keystone XL line. The U.S. State Department ordered further study of alternate routes for Keystone XL to avoid environmentally sensitive areas in Nebraska, where opposition to the project has grown. TransCanada’s 1,661-mile (2,673-kilometer) pipeline will carry crude from Canada to the Texas Coast.

The review “could be completed as early as the first quarter of 2013,” the State Department said in an e-mailed statement yesterday.

The delay may lead Canadian producers and U.S. refiners that signed up with Keystone XL to seek an alternative, Charles Drevna, president of the National Petrochemical and Refiners Association, said in a telephone interview.

“Refineries can’t wait however-many months to make decisions about where they’re going to get crude,” he said.

Enbridge, the largest Canadian pipeline company by revenue, said yesterday it has received sufficient customer commitments to move forward with its Wrangler and Flanagan South projects, two new pipeline segments that would connect Alberta’s oil sands to refineries on the Gulf Coast.

The Keystone delay, “definitely improves the prospects of the Wrangler project going forward,” John Auers, senior vice president of Turner, Mason & Co., a Dallas-based pipeline and engineering consultancy, said in an e-mail yesterday.