How the Dakota Access Pipeline Fight Could Burn Oil Stocks

The Obama administration's indefinite delay of the half-finished Dakota Access pipeline has far-reaching implications, all of which are negatives for U.S. oil stocks. The delay is bound to have a chilling effect on future oil and natural gas pipelines. It means any similar project is at risk of rejection even after it has made it through the permitting process and construction has started. And that's put these oil stocks in the crosshairs... Tags: oil stocks To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2016 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post How the Dakota Access Pipeline Fight Could Burn Oil Stocks appeared first on Money Morning - We Make Investing Profitable .