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A publicly-traded pipeline limited partnerships company is an owner and operator of the independent refined petroleum products pipeline system in the United States.
US oil production is going to rise from 6.7 million bpd now to over 11 million bpd by 2020 according to the IEA. Combined with soaring natural gas production and the fact that the US is about to start exporting LNG, pipeline operators are posied to be great buys and will see a surge in their stock prices in the coming years. Plus KMP has pipelines that go to Canada's oil sands. Bullish on KMP.
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