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Obama Ready to Approve Keystone XL?

August 23, 2023
in Trade Tube
Reading Time: 1 min read
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TheStreet Senior Contributor Dan Dicker says President Obama is trying to appease environmentalists before he approves the Keystone pipeline. Obama has made stops in California to assist drought victims, Maryland to speak to a truck plant about EPA standards and improved gas mileage, and Mexico to assure Canada he will approve the Keystone pipeline. Dicker says the winners if the pipeline is approved are TransCanada, Enbridge, and Exxon Mobil. Stephanie Link says Cummins is a buy since the truck cycle is due for a refresh and trucks will be necessary to transport oil from the new pipeline.

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