Kinder Morgan: The Trans Mountain Pipeline Has Become The New Keystone XL – Kinder Morgan Energy Partners

Kinder Morgan’s Trans Mountain expansion project in Canada is facing increasing criticism and media scrutiny.The company has been caught off guard by the degree to which politics on both sides of the border has muddled the debate.There is strong demand for the project throughout Western Canada due to its economic benefits.However, concerns over oil spills and their environmental impact remain.Kinder Morgan [KMI, KMP, KMR] has been staging quite the recovery as of late. All three stocks had one of their best weeks in recent history, posting solid 3 to 5% gains, buoyed by a surge in insider buying and the improving outlook for the US economy.

via Kinder Morgan: The Trans Mountain Pipeline Has Become The New Keystone XL – Kinder Morgan Energy Partners L.P NYSE:KMP | Seeking Alpha.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s