TransCanada Corporation (USA) (TRP), Enbridge Inc (USA) (ENB): Does Canada Even Need Keystone?

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But if Canadian producers begin to send their crude east rather than south, there will be considerably less supply flowing into the Midwest. This means Continental shareholders can be reasonably assured that a discount for their crude will not reemerge.

Foolish bottom line

Canada is demonstrating it can thrive with or without Keystone XL. This is making the President’s delay and pressure tactics less effective each passing day.

The article Does Canada Even Need Keystone? originally appeared on Fool.com and is written by Robert Baillieul.

Robert Baillieul has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Robert is a member of The Motley Fool Blog Network — entries represent the personal opinion of the blogger and are not formally edited.

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