EOX Because the market is forward looking, as soon as the pipeline is approved, these and other Bakken oil stocks will run hard - up to 50 percent or 70 percent within a few weeks for the better names. See last weekends article in the Chicago Tribune, which cites an Obama announcement from last week in which he stated that he would approve Keystone if it was determined that no adverse environmental carbon pollution was anticipated. That is a telling remark because back in March 2013 the State Department released a draft report which stated that the Keystone pipeline was not expected to result in environmental pollution. All that remains is a routine weeding out and response to one million public comments on the draft report, and the State Department expects to release the final report this fall. All aboard soon.
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