Pipelines

IEEFA Research

IEEFA Analysis: The Economic Frailties and Rickety Finances Behind the Dakota Access Pipeline

IEEFA Analysis: The Economic Frailties and Rickety Finances Behind the Dakota Access Pipeline

Shippers Are in a Position Now to Renegotiate Contracts; Oil Prices Have Tanked Since Deals Were Signed; Long-Term Outlook for Project is Deeply Uncertain

Construction of the Dakota Access Pipeline has sparked considerable public controversy, bringing national attention to issues that include tribal sovereignty and risks to drinking water. Less publicized are the project’s financial weaknesses, and the fact the pipeline may represent a substantial overbuilding of the Bakken’s oil-transport infrastructure. The report that we released today in partnership […]

November 16, 2016 Read More →
Two Pipeline Expansion Projects in Appalachia Indicate a Rush Toward Overbuilding

Two Pipeline Expansion Projects in Appalachia Indicate a Rush Toward Overbuilding

Mountain Valley and Atlantic Coast Pipelines Pose Risk to Ratepayers, Communities, and Investors

We’ve published a report today that concludes that two natural gas pipelines proposed for construction from West Virginia into Virginia and North Carolina are indicative of a rush toward industry overbuilding. The study, “Risks Associated With Natural Gas Pipeline Expansion Across Appalachia,” examines the proposed Mountain Valley Pipeline, which would traverse West Virginia into eastern […]

April 27, 2016 Read More →

More News and Commentary

B.C. Pipeline Opposition Roils Canadian Politics

Bloomberg: British Columbia Premier John Horgan, who has vowed to use every possible means to thwart a Kinder Morgan Inc. pipeline expansion, was told by legal advisers last year before taking power that blocking the project would be against the law. That hasn’t stopped the 58-year-old former pulp mill worker from digging in his heels to stop […]

April 13, 2018 Read More →

Investors Not Convinced U.S. Gas- and Oil-Drillers Are A Good Bet

S&P Global Market Intelligence ($): Investors are taking a wait-and-see attitude toward the stocks of the top U.S. shale oil and gas drillers and are unsure if those companies will keep spending under control as the price of oil goes higher, analysts said. Nearly half of the 22 shale oil and gas drillers in an […]

April 12, 2018 Read More →

Huge Pipeline Investments Needed to Continue Shale Boom, Analyst Says

Bloomberg: Bottlenecks on the U.S. natural gas super highway are starting to stack up, raising concerns about whether infrastructure can be built fast enough to meet surging supplies. Gas output will expand by 24 billion cubic feet, or 32 percent, through 2025 from last year, according to U.S. Energy Information Administration estimates. To support that […]

April 12, 2018 Read More →

Pipeline Stocks Tank After U.S. Tax Break Is Rescinded

Bloomberg News: Pipeline stocks plunged after federal regulators ruled that master-limited partnerships can no longer receive a credit for income taxes they don’t pay. Williams Cos. was the biggest decliner in the S&P 500 Index, dropping as much as 12 percent, while the Alerian MLP Index, which tracks 40 partnerships, had its worst day in […]

March 16, 2018 Read More →

Pipelines Say They See Benefits in Expanding Existing Assets

Some of North America’s biggest new pipeline projects are already in the ground. As environmentalists and local activists make it extraordinarily difficult to build new oil and gas lines, energy companies are working around the opposition by supersizing old pipes that already crisscross parts of the continent. Executives at some of the biggest pipeline operators […]

January 18, 2018 Read More →

Economics May Yet Kill the Keystone XL

The Economist: In the nine years since Keystone XL was first proposed it has become the most political of pipelines, pitting environmentalists, ranchers and Native Americans against oil companies, state officials and unionists. Barack Obama’s administration delayed its construction in 2011, then rejected it in November 2015. Shipping oil from Canada’s tar sands, which is […]

November 28, 2017 Read More →

IEEFA Op-Ed: Keystone XL Is Still a Stinker

Better Investments Are What Americans Want: Healthcare, Roads, Education

Despite project approval this week by a Nebraska commission, TransCanada faces steep market hurdles in its proposed buildout of the Keystone XL Pipeline. Keystone is the final phase of an oil transport system that would link producers in Canada and North Dakota with refiners and export terminals on the Gulf Coast. President Obama, citing environmental […]

November 22, 2017 Read More →

Growing Public Blowback Against More U.S. Pipeline Projects

SNL: Returning to protest the Federal Energy Regulatory Commission at its first meeting in months, opponents of natural gas pipelines said protests at the agency and a backlash against President Donald Trump helped set the stage for a recent string of victories at the state level and in federal appeals courts. “We are starting to […]

September 21, 2017 Read More →

West Virginia Reconsiders Its Permit for 300-Mile Mountain Valley Pipeline

Charleston Gazette: Faced with a deadline to defend their permit approval against a federal court challenge, West Virginia regulators moved this week to back off their certification that the Mountain Valley Pipeline would not violate the state’s water quality standards. The state Department of Environmental Protection said in a Thursday letter to the pipeline developers […]

September 11, 2017 Read More →
IEEFA Update: Atlantic Coast Pipeline Risk Is Being Borne Not by Dominion and Duke, but by Their Customers

IEEFA Update: Atlantic Coast Pipeline Risk Is Being Borne Not by Dominion and Duke, but by Their Customers

Little Potential Corporate Loss on a Superfluous Project

Dominion Resources and Duke Energy say they need to build the Atlantic Coast Pipeline to meet rapidly growing demand for natural gas. But will the market really grow in the way that these utilities say that it will? The pipeline, announced in 2014 as a joint venture between Dominion, Duke, Piedmont Natural Gas and AGL […]

September 8, 2017 Read More →