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

U.S. Natural Gas Pipeline Boom Triggers a Landowner Backlash

NPR: Some scientists warn that the rush to more fully tap the rich Marcellus and Utica shales is bad for a dangerously warming planet, extending the country’s fossil-fuel habit by half a century. Industry consultants say there isn’t even enough demand in the United States for all the gas that would come from this boost […]

July 18, 2017 Read More →

Oil Producers Aren’t Interested in Keystone XL Anymore

Wall Street Journal/Dow Jones Newswires: Keystone XL is facing a new challenge: The oil producers and refiners the pipeline was originally meant to serve aren’t interested in it anymore. Delayed for nearly a decade by protests and regulatory roadblocks, Keystone XL got the green light from President Donald Trump in March. But the pipeline’s operator, […]

June 30, 2017 Read More →

Court Order Puts Dakota Access Pipeline Back on Hold

Reuters: A federal judge ordered the U.S. Army Corps of Engineers to reconsider its environmental review of the Dakota Access Pipeline on Wednesday, opening up the possibility that the line could be shut at a later date. U.S. District Judge James Boasberg in Washington said the Army Corps did not adequately consider the effects of […]

June 15, 2017 Read More →

Growing Resistance to Atlantic Coast Pipeline

Natural Gas Intel: Two weeks before the primaries in Virginia’s gubernatorial election, one of the Democrats running for the post reportedly urged property owners in Nelson County to continue their opposition to the controversial Atlantic Coast Pipeline (ACP). According to WVIR-TV in Charlottesville, former U.S. Rep. Tom Perriello attended Monday’s meeting of Friends of Wintergreen […]

June 1, 2017 Read More →

Keystone Backers ‘Reassess’ Market for Pipeline

Associated Press: TransCanada Corp. is reassessing whether oil producers in North Dakota and Montana are still interested in shipping crude through its long-delayed Keystone XL pipeline. The Calgary-based company’s announcement this month comes with the Keystone XL still needing approval of its proposed route through Nebraska and with the Dakota Access, which was designed to […]

May 16, 2017 Read More →

For U.S. Pipeline Companies, Finance Risk in Public Opposition

Associated Press: Opposition to the Dakota Access oil pipeline has persuaded some banks to stop supporting projects that might harm the environment or tread on indigenous rights, but calling the divest movement a success might be a stretch. It doesn’t appear to be hurting the ability of energy companies to get financing and it doesn’t […]

May 15, 2017 Read More →

Keystone Exec See Less Demand for Long-Delayed Project

SNL: Even with the presidential permit he worked almost eight years to secure in hand, TransCanada Corp. CEO Russ Girling said his company’s Keystone XL pipeline still has to clear a number of hurdles before it becomes a reality. Routing the line through Nebraska and renewing shipper support are just two potential pitfalls for the […]

May 8, 2017 Read More →

Virginia Pipeline Proposal Turns Into a Focal Point in Governor’s Race

Southeast Energy News: Opponents contesting the Atlantic Coast Pipeline’s proposed route through Virginia are rolling out fresh arguments against the controversial project, which is becoming a flashpoint dividing Democratic candidates running for governor there. The next administration, which would serve from 2018 through 2021, may have the state’s final say in whether the pipeline is […]

May 3, 2017 Read More →

On the Blogs: Pipeline Opponents Find Common Cause in Property Rights

Ozy.com: Property rights, rather than environmental ones, are increasingly forming the brunt of arguments against pipelines — and not just in Georgia and South Carolina, which have recently passed laws backing landowners. Just three days before the crucial New Hampshire presidential primary last year, the Union Leader reported that 627 of 836 property owners in the Granite […]

May 2, 2017 Read More →

BNP Paribas, Joining ING and DNB, Is Third Bank to Bail on Dakota Access Pipeline

TelesurTV: BNP Paribas announced Wednesday that it had sold its US$120 million share in the joint US$2.5-billion Dakota Access Pipeline loan, becoming the third bank of the 17 involved to cut ties to the oil project amid a major divestment campaign by Native Americans and activists that was pushed for after the revival of the […]

April 6, 2017 Read More →