The Republicans pulled off a historic night in the mid-term elections as they took over the Senate and won several gubernatorial swing states. The Senate is the most important outcome of mid-term elections and it has several sectors set to take advantage of the potential new policies of the Republican Party.
Master Limited Partnerships
MLPs or master limited partnerships might receive a nice benefit from a Republican Congress, as it could very well end up with President Barack Obama approving the Keystone XL pipeline. The project has been a controversial topic under his administration since they received its proposal from Trans Canada Corporation (USA) six years ago.
The pipeline would stretch 1,179 miles, starting in Hardisty, Alberta, and going to Steele City, Kansas, effectively connecting oil refineries in Canada to their distribution points on the Gulf of Mexico. A project of this magnitude would greatly benefit MLPs across the country, as most of them are related to pipeline ownership in the United States and Canada.
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