• 4 minutes Energy Armageddon
  • 6 minutes How Far Have We Really Gotten With Alternative Energy
  • 10 minutes Russia Says Europe Will Struggle To Replace Its Oil Products
  • 3 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 11 hours Reality catching up with EV forecasts
  • 11 days "Natural Gas Price Fundamental Daily Forecast – Grinding Toward Summer Highs Despite Huge Short Interest" by James Hyerczyk & REUTERS on NatGas
  • 6 hours Famous author Michael Crichton talks about the "Climate Change Religion" aka Feudalism 2.0
  • 5 days 87,000 new IRS agents, higher taxes, and a massive green energy slush fund... "Here Are The Winners And Losers In The 'Inflation Reduction Act'"-ZeroHedge
  • 10 days A Somewhat Realistic View of the Near Future for Electric Vehicles Worldwide
Dan Dicker

Dan Dicker

Dan Dicker is a 25 year veteran of the New York Mercantile Exchange where he traded crude oil, natural gas, unleaded gasoline and heating oil…

More Info

Trump’s Infrastructure Push Is Set To Benefit These Companies

Trump’s move this week to restart the building of Keystone XL and the Dakota Access pipelines are an indication of the increasing help infrastructure is likely to get from the new Trump administration, impacting the prices that consumers will pay for oil and gas. It should also impact a good number of pipeline companies that have been waiting for approval of new lines, mostly to move natural gas. For a long-term, conservative play in these very overheated markets, they could be a good cornerstone for investment.

Trump’s executive order on Keystone doesn’t ‘green light’ the project immediately – it puts a limit on review times and opens up a renegotiation with TransCanada on the resumption of the pipeline’s construction. Trump has mentioned that he was looking for a 25% surcharge for the US for pipeline revenues and for the project to use nothing but US steel, both of which are frankly absurd requests – but it does indicate that the pipeline this time will likely be built, after being blocked by the Obama administration.

More importantly, it signals a priority of the Trump administration to ‘fast track’ other new infrastructure projects for oil and gas, and here there have been some legitimate slowdowns that could be eased. Currently at least five major gas pipelines are caught up in lengthy reviews from the Federal Energy Regulatory Commission (FERC). Bloomberg estimates that the average time for approval…




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News