Keystone XL

Susan Rice Invested in Keystone Pipeline Company

Ammo for the left


Susan Rice's attempt to smooth things over with Congressional Republicans didn't go over well, and now information has come to light that might tick off some on the left. The U.N. ambassador and her husband hold stock worth $300,000 to $600,000 in TransCanada, the company looking for State Department approval to build the Keystone XL pipeline.OnEarth, which is published by the Natural Resources Defense Council, reports that according to Rice's financial disclosures, the stock earned her up to $20,000 in 2011 (federal officials are only required to give a range when disclosing their investments). Rice and her husband Ian Cameron, who's Canadian, have investments in several Canadian energy companies, including Enbridge, TransAlta, Encana, Suncor and Cenovus. Together those investments may make up a third of Rice and Cameron's net worth, which was between $23.5 million and $43.5 million in 2009. That doesn't disqualify Rice from becoming secretary of state, but it could make the pipeline controversy even messier when in comes up next year.

Those who oppose the project suggested that they wouldn't go as far as publicly vowing to do everything in their power to block Rice's nomination, they would object to her weighing in on the pipeline. "It would be one of the first decisions she would make, and she's not qualified to make an unbiased decision," said Jane Kleeb, the executive director of Bold Nebraska.