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To: Johnny Canuck who wrote (49167)2/4/2013 8:00:49 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 67710
 
The Silver Bullets Of The North American Energy Transport Infrastructure (Part III)

February 3, 2013 by: Value Digger | includes: MMP, OKS, OXY, PAA, SXL

seekingalpha.com

" I noted in part one that the primary investment idea through this series is the pipeline operators themselves, as the North American pipeline infrastructure is obviously underdeveloped. Enbridge Energy Partners ( EEP) is my favorite pipeline company as it combines the hefty annual dividend with significant growth prospects. I recommended it in early Jan 2013 when it was at $28.

Another investment strategy would be to buy the Canadian oil producers who are growing their production and will benefit more than the U.S.-based Bakken or Eagle Ford players for several reasons. The first reason is because Edmonton price is lagging WTI more than Bakken price is lagging WTI currently. The second reason is that the Canadian dollar will not be depreciated as much as the U.S. dollar in 2013-2014. Thus, buying the Canadian energy producers is an indirect way for an investor to benefit from the depreciation of the U.S. dollar, if he is a U.S. dollar bear. All this being said, I recommended Surge Energy ( ZPTAF.PK) in one of my recent articles."

[Johnny: It is interesting that the author of this article's investment thesis has the US dollar depreciating more than the Canadian dollar. All articles I have read so far assume the CND $ will depreciate in respect to the US dollar due to reduce economic active. high consumer debt, lower real estate prices and a reduction in the price of energy due to low North American prices and the inability to move energy to Asia and European markets.]