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 […]

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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 […]

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More News and Commentary

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 […]

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Dakota Access Campaign Seen as a Model for Pipeline Resistance Nationally

Associated Press: The tactics used in North Dakota – resistance camps, prominent use of social media, online fundraising – are now being used against several projects. They include the Sabal Trail pipeline that will move natural gas from Alabama to Florida; the Trans-Pecos natural gas pipeline in Texas; the Diamond pipeline that will carry oil […]

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Now That It’s Been ‘Approved,’ When Might the Keystone Pipeline Be Built? Never Is Likely

The Hill: Friday’s approval of a permit for the Keystone XL pipeline is just the opening act of a renewed fight to get the project built. With regulatory approval still pending in Nebraska and greens promising a fresh round of legal challenges and public protests, getting the Keystone XL from Canada up and running is […]

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Reputational Risk to Dakota Access Pipeline Lenders

It has been a tough year for Wells Fargo: in the third quarter of 2016, it became apparent that since around 2011, its employees had opened up to 1.5 million deposit accounts and issued 500,000 credit card applications for unsuspecting clients, without getting customers’ authorisation. The scandal led to lawsuits, thousands of layoffs and US$190mn […]

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Reputational Risk to Dakota Access Pipeline Lenders

Global Trade Review: It has been a tough year for Wells Fargo: in the third quarter of 2016, it became apparent that since around 2011, its employees had opened up to 1.5 million deposit accounts and issued 500,000 credit card applications for unsuspecting clients, without getting customers’ authorisation. The scandal led to lawsuits, thousands of […]

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The Pipeline Game Has Changed in the Southeast U.S.

Southeast Energy News: After setting temporary moratoriums on new oil pipelines in 2016, both Georgia and South Carolina are moving forward with hearings and bills to tighten regulations. The ultimate result, says Sen. Tom Young, a Republican from Aiken County, South Carolina, is likely to be “regulations that allow pipelines under a very limited set […]

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Protests Against Virginia Pipeline

The Roanoke Daily Herald: Setting off from the Virginia-North Carolina state line, activists marched south Saturday afternoon to protest the proposed natural gas pipeline. The North Carolina Alliance to Protect Our People And The Places We Live, or APPPL, organized a walk along the proposed 205 mile route of the Atlantic Coast Pipeline in North […]

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Press Release: $658 Billion Norwegian Investment House Cites Uncertainty in Pulling Out of Dakota Access Pipeline Project

Storebrands: Storebrand has made the decision to withdraw all investments from the controversial Dakota Access pipeline, including positions in the North American companies Marathon Petroleum Corporation, Enbridge Inc. and Phillips 66. “We have come to the conclusion that active ownership is not going to deliver a better outcome, and after an overall assessment of the […]

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The Redundant Dakota Access Pipeline

From ThinkProgress.com: Demonstrations against the controversial pipeline have earned the support of environmentalists, military veterans and more than 100 Native American tribes. As water protectors at Standing Rock faced down tear gas and rubber bullets, protestors took to the streets in dozens of cities across the country in a show of solidarity. Recently, Seattle, WA […]

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Grass-Roots Resistance to Pipeline Company’s Eminent Domain Orders in West Virginia

Stuebenville (Ohio) Herald-Star: As a 29-year Army soldier and former West Virginia State Police trooper, trooper, Larry Helmick said he is no stranger to the federal courthouse in Wheeling, where he and dozens of other property owners face a sweeping eminent domain lawsuit from the company building the $4.3 billion Rover Pipeline. “I have testified […]

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