Something Else On Which Everyone Can Agree

The U.S. State Department has released its fifth environmental report since 2010 on the proposed Keystone Pipeline concluding, as it has done 4 times before, they have that no major environmental objections to the proposed $7-billion pipeline.

The report says oil derived from tar sands in Alberta generates about 17 percent more greenhouse gas emissions that contribute to global warming than traditional crude. But the report makes clear that other methods of transporting the oil - including rail, trucks and barges - would release more greenhouse gases than the pipeline.

In Canada, Natural Resources Minister Joe Oliver welcomed the report and said officials there "await a timely decision" on the pipeline.
"The choice for the United States is clear: oil supply from a reliable, environmentally responsible friend and neighbor or from unstable sources with similar or higher greenhouse gas emissions and lesser environmental standards," he said.

Ref: Associated Press

In 90 days The Secretary of State is required to communicate to the President whether the project is in the national interest.
Thereafter, the President is not required to do anything.

Yeah, that's what Canada said about Justin Bieber.

How do I make money in the stock market with this news?

You don't.

Until the Administration decides either way, no money can be made on the deal. I take it they will decide when Obama turns over the keys to the White House to the new President.

I bet that would put a lot of people to work in some jobs that pay more than minimum wage.

The pipeline will go through. Two Democrat Senators in very red oil states are up for reelection in 2014. I'm sure the president is simply waiting for the best strategic times in their elections to give them a win for their voters.

I don't fundamentally object to the pipeline...I only object to the gross exaggerations about the jobs it will create...or the BS talking point that it will make us more energy independent. The pipeline is specifically routed to a US port so that it can be exported away from the US. Today most of the oil sands actually goes to the US and Canada because there is no method by which to get it anywhere else. But, whatever.

If DonDiego were looking to invest, he'd first consider three pipeline builders/operators who might benefit:
1) TRP - most likely winner
2) ENB - probable in-the-money
3) OKE - long-shot

If snidely333 were more a hands-on entrepreneur he might consider establishing a chain of mobile coffee-bars along the pipeline route , the baristas for which would be scantilly-clad young women sufficently good-looking to attract pipeline workers to purchase overpriced, yet nonetheless fine coffee.

DISCLAIMER:
DonDiego cannot be held responsible for anything which he writes or otherwise communicates in any form to anyone at anytime.

Well if a certain profession were legal, that would be the best bet. However there isn't an investment market for hookers....

I loaded up on TRP. I'm anticipating a 30% increase by April.

I like the coffee shop idea, too.

I've worked within the petrochemical industry for 30 some years. Horizontal drilling and fracking has increased domestic production of cheap natural gas, which has reinvigorated this industry. Virtually no plants had been built for 15 years, and now new plants of popping up all over the place. Natural gas is used to power these plants and also used as a feedstock for many operations............either directly or downstream.

Any individual plant won't have a major impact on the job market, but hundreds of plants have. The flow of this oil will similarly add many jobs not directly involved with the pipeline.