The Keystone Pipeline System. It’s designed to transport heavy Canadian oil from Alberta to key U.S. distribution points, markets and beyond. Several legs of it have already been built, and are in operation.
Then there’s the Keystone XL project. It would make it easier to ship thicker, heavier Canadian crude to U.S. refineries on the Gulf of Mexico coast. But rather than sail through the approval process, it’s been bogged down for years!
Canadian and American politicians have been fighting over issues related to the pipeline’s proposed path. They’ve argued over the potential environmental impact of oil spills in places like Nebraska. They’ve debated whether the potential job creation associated with the Keystone XL project is worth the potential costs, and more.
And thanks to all that D.C. dysfunction, guess what? Nothing substantial has gotten done! The pipeline has remained a pipe dream.
But it’s not just the great “Keystone Kaper” that’s laying bare for all to see just how much of a mess Washington has become. Look at tax policy!
American entrepreneurs and American companies are finding ways to prosper in spite of D.C. dysfunction, rather than because of it. |
Everyone agrees that we’re encouraging companies like Pfizer (PFE) and Apple (AAPL) to ship money, jobs and even their corporate headquarters overseas to save money on U.S. taxes.
But what are we doing about so-called “tax inversions” or offshore cash hoards? Hearing some talk, seeing little action. That means even more companies are going to decamp for foreign shores so they can line shareholder pockets.
The good news? You can beat D.C. bureaucrats at their own game!
After all, you can invest in American entrepreneurs and American companies that are finding ways to prosper in spite of D.C. dysfunction, rather than because of it. Just like they’re getting around silly Federal Reserve policies that harm seniors and artificially suppress market signals, these companies are getting around the red tape and getting things done on their own.
Rather than sit on their hands waiting for D.C. to figure things out, for instance, Canadian and American producers, rail operators and pipeline companies are getting their hands dirty and figuring out alternatives on their own.
They have laid down alternate supply networks. They’ve adapted their businesses to benefit from the shipping of more oil by rail rather than by pipe. That, in turn, has helped dramatically shrink the gap between the price of Canadian oil sands crude and the West Texas Intermediate crude that’s the U.S. benchmark — from $40 per barrel to around $20 per barrel.
You can find the details on two of my favorites in my just-released special report “6 Stocks Set to SOAR In 2014 — and Beyond!” One is a pipeline and storage firm that’s capitalizing on the need to transport oil, gas and related energy products from new production locations to market, while the other is a manufacturer of rail cars that lubricate the process of shipping by train.
Both are radically outperforming the market, and trading at or near all-time highs. But if I’m right about the durability and magnitude of the renaissance in domestic energy production right here in the U.S. of A., they have plenty more gas in the tank.
Want to know more? Then check out “6 Stocks Set to SOAR In 2014 — and Beyond!” by clicking here. Or just give us a call at: 1-800-291-8545 and you can find out how to get your hands on this red-hot report — before it’s too late. I believe it’s one of the best ways to help you beat D.C. bureaucrats at their own game!
Until next time,
Mike
{ 1 comment }
One way to burn the bureaucrats . . and the cronies who stay hitched to their shoulders!