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


To: Aggie who wrote (18078)12/27/2013 10:01:42 PM
From: E_K_S  Respond to of 34328
 
Now we know Why KMI got those tankers . . .

Proposal would increase oil tanker traffic
By PHUONG LE, Associated PressUpdated
8:13 am, Friday, December 27, 2013

Kinder Morgan Canada filed a formal application with Canadian regulators earlier this month to expand its Trans Mountain pipeline that carries crude oil from Alberta's oil sands to the Vancouver, B.C. area.
Under the proposal, up to 34 tankers a month would be loaded with oil at a terminal outside Vancouver, then generally travel through Haro Strait east of San Juan Island and the Strait of Juan de Fuca for export to markets in Asia and the U.S. That's up from about five tankers a month now.
I wonder if Mexico Oil in 2-3 years could be transported the same way. If so, KMI may be the best play both short and long term for Canadian Sands oil and eventually Mexican crude.

EKS