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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More News and Commentary

Dakota Access Pipeline Opponents Press Their Case in Courts

James MacPherson and Blake Nicholson for the Associated Press: The Cheyenne River Sioux on Thursday asked a federal judge to stop the work while a lawsuit filed earlier by the tribes proceeds. Attorney Nicole Ducheneaux said in court documents that the pipeline “will desecrate the waters” that the Cheyenne River Sioux rely on. Energy Transfer […]

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U.S. Pipeline Companies ‘Struggle to Contend’ With Populist Uprising

Christopher N. Mathews for the Wall Street Journal: Pipeline companies are bracing for a new round of volatile protests by environmentalists and other activists in the U.S., a sobering reality that is tempering the industry’s excitement over President Donald Trump’s moves to revive the Keystone XL and Dakota Access projects. Even as they cheer the […]

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‘Do We Need All These Pipelines? No’

Lynda V. Mapes and Hal Bernton for the Seattle Times: Trump’s embrace of pipelines is welcomed by the oil industry, particularly in Canada, where producers have been buffeted by weak markets, low prices and concerns about the climate risks of expanding production from massive oil-sands deposits. Behind the politics and pushback looms this question: Is […]

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On the Blogs: Oil and Construction Aren’t the Only Job Sectors

Chip Colwell for TheConversation.com: On his fourth day as U.S. president, Donald Trump penned executive orders to advance construction of the Dakota Access Pipeline Project pipeline and the Keystone XL pipeline. A week later, there were reports the new administration has ordered the Army Corps of Engineers to grant an easement that will allow completion […]

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Standing Rock Tribe Vows to Continue Opposition to Dakota Access Pipeline

From the Associated Press: Standing Rock Sioux Chairman Dave Archambault is renewing the tribe’s vow to go to court if an easement is granted to finish the Dakota Access pipeline. Archambault spoke after North Dakota Sen. John Hoeven said the acting secretary of the Army had directed the Army Corps to “proceed” with an easement […]

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IEEFA Op-Ed: Investors Should Steer Clear of the Keystone Pipeline

IEEFA Op-Ed: Investors Should Steer Clear of the Keystone Pipeline

Superfluous, High-Risk Infrastructure the Markets Cannot Support

The oil industry is in trouble, beset by bankruptcies of junior companies, write-downs by major producers, and canceled or drastically delayed projects across the board. The last thing it needs is the proposed Keystone XL pipeline, which President Trump this week moved to resurrect after only five days in office. If the president gets the […]

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New Pipeline Standoff Brewing, This Time in Oklahoma

Dale Denwalt for the (Oklahoma City) Oklahoman: Native American and environmental activists have vowed to block a planned crude oil pipeline, hinting at a standoff in Oklahoma reminiscent to the months long Dakota Access Pipeline protest. Once built, the $900 million Diamond Pipeline will carry sweet crude oil from a national transport hub in Cushing […]

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Owner of Dakota Access Pipeline ‘Goes Silent’ in Hopes of Averting Further Scrutiny

Tim Loh for Bloomberg News: Energy Transfer Partners LP got a boost on Tuesday when President Donald Trump threw his weight behind its controversial Dakota Access oil pipeline. While rival TransCanada Corp. promptly commented on Trump’s similar show of support for the Keystone XL crude pipeline, Energy Transfer went quiet. Reached by e-mail Wednesday, the […]

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The Risk in Pipeline-Project Bluster

Robinson Meyer for The Atlantic: While it may be easier to restart Keystone XL legally, none of that project is built, and there’s no guarantee that it ever will be. The Dakota Access pipeline, meanwhile, sits idle at 80-percent completion. It is closer to being done. It also has, legally, much further to go. Dakota […]

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More Tensions Over U.S. Pipelines

Will Connors for the Wall Street Journal: Protesters opposed to the Dakota Access Pipeline are gearing up for a new round of clashes after the inauguration of President Donald Trump. So are oil companies—and the private security firms they have hired to police the protests. Several hundred additional protesters arrived at the main protest campsite […]

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