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Released March 10, 2017 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Energy Transfer Partners LP's (NYSE:ETP) (Dallas, Texas) Dakota Access Pipeline seems to have a cleared a final hurdle this week, as a federal judge ruled against an injunction seeking to halt completion of the final stage of the controversial crude oil pipeline.
Judge James Boasberg of the U.S. District Court for the District of Columbia rejected the Cheyenne River Sioux tribe's request for an injunction to withdraw permission issued by the U.S. Army Corps of Engineers to construct the last stage of the pipeline under Lake Oahe in North Dakota. The Cheyenne River Sioux and the Standing Rock Sioux tribes have argued that the pipeline would desecrate water used for religious ceremonies and could potentially affect those who obtain water downstream of the pipeline.
The tribes had won a reprieve during the final months of the Obama administration, which denied the request to build the pipeline under the lake. However, this changed with the advent of the Trump administration, which quickly eased restrictions on the construction of the Dakota Access and Keystone XL crude oil pipelines. For more information, see January 31, 2017, article - Trump Orders Benefit KXL, DAPL and Other 'High Priority' Infrastructure Projects. On February 8, the U.S. Army Corps of Engineers issued the easement that permitted drilling under Lake Oahe, which was the final stage needed to complete the pipeline.
The $1.4 billion Dakota Access Pipeline will carry roughly 450,000 barrels per day of crude oil from the Bakken Shale in western North Dakota to a terminus in Patoka, Illinois, to reach Midwestern refineries and also to join other pipeline networks for delivery to the U.S. Gulf Coast. The pipeline has a length of approximately 1,170 miles.
Energy Transfer said in a filing last week that it plans to start pumping oil through a section of the line under the Missouri River, of which Lake Oahe is a part, next week. Protestors of the pipeline are planning a demonstration in Washington, D.C., today.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
Judge James Boasberg of the U.S. District Court for the District of Columbia rejected the Cheyenne River Sioux tribe's request for an injunction to withdraw permission issued by the U.S. Army Corps of Engineers to construct the last stage of the pipeline under Lake Oahe in North Dakota. The Cheyenne River Sioux and the Standing Rock Sioux tribes have argued that the pipeline would desecrate water used for religious ceremonies and could potentially affect those who obtain water downstream of the pipeline.
The tribes had won a reprieve during the final months of the Obama administration, which denied the request to build the pipeline under the lake. However, this changed with the advent of the Trump administration, which quickly eased restrictions on the construction of the Dakota Access and Keystone XL crude oil pipelines. For more information, see January 31, 2017, article - Trump Orders Benefit KXL, DAPL and Other 'High Priority' Infrastructure Projects. On February 8, the U.S. Army Corps of Engineers issued the easement that permitted drilling under Lake Oahe, which was the final stage needed to complete the pipeline.
The $1.4 billion Dakota Access Pipeline will carry roughly 450,000 barrels per day of crude oil from the Bakken Shale in western North Dakota to a terminus in Patoka, Illinois, to reach Midwestern refineries and also to join other pipeline networks for delivery to the U.S. Gulf Coast. The pipeline has a length of approximately 1,170 miles.
Energy Transfer said in a filing last week that it plans to start pumping oil through a section of the line under the Missouri River, of which Lake Oahe is a part, next week. Protestors of the pipeline are planning a demonstration in Washington, D.C., today.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
