Rice’s Holdings in Oil Sands Pipeline May Pose Conflict
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Susan Rice’s holdings in an energy company seeking State Department approval for an oil pipeline from Canada may pose a conflict of interest if she is nominated to become U.S. secretary of state.
Rice, the U.S. ambassador to the United Nations, and her husband own stock in TransCanada Corp. valued at $300,002 to $600,000, according to her most recent financial disclosure report. The company has filed for a State Department permit to build Keystone XL, a pipeline that would carry crude oil from Alberta’s oil sands to refineries on the U.S. Gulf coast.