Secretary of State Candidate Has a Major Financial Stake in ... KEYSTONE XL PIPELINE

OnEarth reports that Susan Rice, the presumptive frontrunner to become the next US secretary of state, is heavily invested in Canadian companies that stand to profit from the construction of the Keystone XL pipeline, which she would have the power to approve:“The current U.S. ambassador to the United Nations, Rice owns stock valued between $300,000 and $600,000 in TransCanada, the company seeking a federal permit to transport tar sands crude 1,700 miles to refineries on the Texas Gulf Coast, crossing fragile Midwest ecosystems and the largest freshwater aquifer in North America.Beyond that, according to financial disclosure reports, about a third of Rice’s personal net worth is tied up in oil producers, pipeline operators, and related energy industries north of the 49th parallel — including companies with poor environmental and safety records on both U.S. and Canadian soil. Rice and her husband own at least $1.25 million worth of stock in four of Canada’s eight leading oil producers, as ranked by Forbes magazine.”