Pipelines

IEEFA Research

IEEFA report: ‘Canada’s Folly’ could drive national budget deficit 36% higher while ensuring Houston-based Kinder Morgan a 637% gain

IEEFA report: ‘Canada’s Folly’ could drive national budget deficit 36% higher while ensuring Houston-based Kinder Morgan a 637% gain

Purchase of stalled Trans Mountain Pipeline would benefit Texas company at expense of taxpayers; Call for full public disclosure; C$11.6 billion in completion costs for ‘a pipeline project that is unnecessary’

June 26, 2018  (IEEFA)— Canada could see its budget deficit grow by more than a third with the national government’s purchase of the Trans Mountain Pipeline from Houston-based Kinder Morgan, according to a report published today by the Institute for Energy Economics and Financial Analysis. The report —“Canada’s Folly: Government Purchase of Trans Mountain Pipeline Risks […]

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

Sioux tribe sues U.S. over Keystone XL approval

Casper Star-Tribune: Native American tribes in Montana and South Dakota sued the Trump administration on Monday, claiming it approved an oil pipeline from Canada without considering potential damage to cultural sites from spills and construction. Attorneys for the Rosebud Sioux tribe and Fort Belknap Indian Reservation asked U.S. District Judge Brian Morris in Great Falls, […]

September 11, 2018 Read More →

Federal judge orders updated environmental review for Keystone XL

Omaha World-Record: A federal court in Montana has ruled that TransCanada must conduct an additional environmental review before it moves forward with the alternative route that has been approved for the controversial Keystone XL pipeline. The decision is being hailed by those opposing the pipeline as a victory. However, it’s not clear whether the decision […]

August 16, 2018 Read More →

Trump steel tariffs pose a problem for planned U.S. pipeline projects

S&P Global Market Intelligence ($): President Donald Trump’s plan to double tariffs on steel imported from Turkey to 50% could place additional financial pressure on Kinder Morgan Inc.’s proposed 1.98-Bcf/d Gulf Coast Express Pipeline LLC and dampen prospects for future U.S. natural gas projects. The escalating trade headwinds for domestic pipeline operators come at a […]

August 14, 2018 Read More →

FERC orders construction halt at Atlantic Coast Pipeline

WV Public Broadcasting: Federal regulators halted all construction of the 604-mile, interstate Atlantic Coast Pipeline (ACP) following a federal court’s ruling this week that invalidated two major federal permits. The Friday evening decision comes just a week after regulators issued a similar stop work order for another major interstate natural gas project, the Mountain Valley […]

August 13, 2018 Read More →
IEEFA update: U.S.-Canada trade tensions could scuttle Kinder Morgan sale of Trans Mountain Pipeline
and

IEEFA update: U.S.-Canada trade tensions could scuttle Kinder Morgan sale of Trans Mountain Pipeline

Political hurdles remain on government’s buyout of faltering project

The fate of the unfinished Trans Mountain Pipeline in western Canada may be determined 3,000 miles away — in Washington. The stalled project, designed to link oil-sands fields in Alberta with West Coast ports, would become nationalized under the terms of a deal announced in June that would have the Canadian government buy the pipeline […]

Commentary: Pipeline purchase likely to leave Canadian taxpayers on the hook

Fortune.com: The Canadian government’s decision to buy the Trans Mountain Pipeline and expansion project for 4.5 billion Canadian dollars has left many wondering: What is Prime Minister Justin Trudeau thinking? All around the world, decisions to drill new oil wells; frack for gas; mine new coal; and build pipelines, ports, and fossil-fueled power stations are […]

July 2, 2018 Read More →

Trans Mountain Pipeline a bad investment for Canada—IEEFA

The Canadian Press: The federal government’s purchase of the Trans Mountain Pipeline will add significantly to the deficit next year, according to a study by a sustainable energy research group. Buying the Kinder Morgan Canada assets, plus planning and construction costs, will put $6.5 billion in unplanned spending on the books for the 2018-19 fiscal […]

June 28, 2018 Read More →
IEEFA report: ‘Canada’s Folly’ could drive national budget deficit 36% higher while ensuring Houston-based Kinder Morgan a 637% gain

IEEFA report: ‘Canada’s Folly’ could drive national budget deficit 36% higher while ensuring Houston-based Kinder Morgan a 637% gain

Purchase of stalled Trans Mountain Pipeline would benefit Texas company at expense of taxpayers; Call for full public disclosure; C$11.6 billion in completion costs for ‘a pipeline project that is unnecessary’

June 26, 2018  (IEEFA)— Canada could see its budget deficit grow by more than a third with the national government’s purchase of the Trans Mountain Pipeline from Houston-based Kinder Morgan, according to a report published today by the Institute for Energy Economics and Financial Analysis. The report —“Canada’s Folly: Government Purchase of Trans Mountain Pipeline Risks […]

Oil and gas industry: Coal plants no more secure than pipelines

Houston Chronicle: More than 300,000 miles of natural gas transmission lines crisscross the United States, fueling electricity and industrial plants and heating homes, while also providing an alluring target for hackers looking to disrupt the American economy. Now those pipelines are at the center of a debate in Washington about the future of the power […]

June 20, 2018 Read More →

On the blogs: billionaire Houston oilman is the winner in Canada’s rescue of Trans Mountain pipeline project

Sightlines Institute: In his continuing bid to earn his country the title of most corrupt petro-state, Canadian prime minister Justin Trudeau just committed his government—or, rather, all of the country’s citizens—to a Can$4.5 billion bailout for the Trans Mountain pipeline expansion project. Trudeau’s government has agreed to buy the existing Trans Mountain Pipeline, along with […]

June 4, 2018 Read More →