Two Companies Plan Bakken Pipelines After Competitors Fail Similar Endeavor
SUGAR LAND--June 23, 2014--Researched by Industrial Info Resources (Sugar Land, Texas)--Enterprise Products Partners LP (NYSE:EPD) (Houston) is investigating a crude-oil pipeline prospect that would run from the Bakken Shale to the U.S. Gulf Coast through pipeline-friendly states like Colorado and Wyoming, as opposed to states where previous plans from other companies have failed. Meanwhile, Energy Transfer Partners (NYSE:ETP) (ETP) (Dallas, Texas) has emerged with a plan to build a more indirect route to the Gulf Coast. Based on similarly structured projects to Cushing, it may meet with more success.
Other companies featured: ONEOK Incorporated (NYSE:OKE), TransCanada Corporation (NYSE:TRP), Enbridge Incorporated (NYSE:ENB)
