How To Profit From Canada’s Crude Oil Shortage

Second, connect Explorer to the company’s existing Cochin pipeline. Propane volumes along the route have been in decline anyway. The company is looking to reverse and expand Cochin to start shipping condensate to Alberta. Source: Kinder Morgan Other midstream companies are trying to exploit surging Eagle Ford production as well. Plains All Americanis using its port in St. James, Louisiana to route Eagle Ford production into its Capline pipeline for shipment to Patoka.Magellan Midstream Partners (NYSE: MMP ) is spending $100 million to build a 140 mile condensate pipeline to Corpus Christi. The project will have 100,000 bpd ofcapacity and is expected to be fully operational by the end of this quarter. Foolish bottom line Much has been made about the lack of pipeline capacity southbound from Canada. But there’s an equally pressing need to ship light oil north from Texas. Once again, it will be the midstream shippers poised to profit from this opportunity. Your best bet on energy There are many different ways to play the energy sector, and The Motley Fool’s analysts have uncovered an under-the-radar company that’s dominating its industry. This company is a leading provider of equipment and components used in drilling and production operations, and poised to profit in a big way from it. To get the name and detailed analysis of this company that will prosper for years to come, check out the special free report: ” The Only Energy Stock You’ll Ever Need .” Don’t miss out on this limited-time offer and your opportunity to discover this under-the-radar company before the market does. Click here to access your report — it’s totally free. Robert Baillieul has no position in any stocks mentioned. The Motley Fool recommends Kinder Morgan and Magellan Midstream Partners, L.P..

2 Canadians released from in Egyptian prison after Canada warns detention would mar relations

Canada’s Foreign Affairs department said late Saturday Oct. 5, 2013 the two Canadians held without charges for the past several weeks in Egypt have been released from prison. (AP Photo/Loubani and Greyson family)The Associated Press FILE – This undated file family photo provided by Cecilia Greyson shows Canadian filmmaker John Greyson, who has been in detention in Egypt since his arrest on Aug. 16, 2013 in Cairo. Canada’s Foreign Affairs department said late Saturday Oct. 5, 2013 two Canadians, Greyson and Tarek Loubani, a physician and professor, held without charges for the past several weeks in Egypt have been released from prison. (AP Photo/Courtesy Cecilia Greyson, File)The Associated Press FILE – This undated family photo shows Canadian doctor Tarek Loubani, who has been in detention in Egypt since his arrest on Aug. 16, 2013 in Cairo. Canada’s Foreign Affairs department said late Saturday Oct. 5, 2013 two Canadians, Loubani and John Greyson, a filmmaker and professor, held without charges for the past several weeks in Egypt have been released from prison. (AP Photo/Loubani family photo, File)The Associated Press