• 4 minutes Projection Of Experts: Oil Prices Expected To Stay Anchored Around $65-70 Through 2023
  • 7 minutes Oil prices forecast
  • 11 minutes Algorithms Taking Over Oil Fields
  • 14 mintues NIGERIAN CRUDE OIL
  • 5 hours UK, Stay in EU, Says Tusk
  • 4 hours Nuclear Power Can Be Green – But At A Price
  • 10 hours Socialists want to exorcise the O&G demon by 2030
  • 2 hours Chevron to Boost Spend on Quick-Return Projects
  • 6 hours U.S. Treasury Secretary Mnuchin Weighs Lifting Tariffs On China
  • 9 hours Maritime Act of 2020 and pending carbon tax effects
  • 12 hours What will Saudi Arabia say? Booming Qatar-Turkey Trade To Hit $2 bn For 2018
  • 18 hours Venezuela continues to sink in misery
  • 1 day How Is Greenland Dealing With Climate Change?
  • 12 hours German Carmakers Warning: Hard Brexit Would Be "Fatal"
  • 22 hours Blame Oil Price or EVs for Car Market Crash? Auto Recession Has Started
  • 10 hours Conspiracy - Theory versus Reality
  • 33 mins *Happy Dance* ... U.S. Shale Oil Slowdown
  • 4 hours Regular Gas dropped to $2.21 per gallon today
What’s Behind Oil’s Slow Flash Crash?

What’s Behind Oil’s Slow Flash Crash?

The 40 percent decline in…

Extreme Volatility In U.S. Natural Gas Market Is Here To Stay

Extreme Volatility In U.S. Natural Gas Market Is Here To Stay

Despite some bearish forecasts, natural…

ETP Claims DAPL Faced “Coordinated Attacks” From Unnamed Saboteurs

DAPL

The Dakota Access Pipeline will begin pumping oil from North Dakota later this month, but the companies constructing the project said that efforts had been made in recent weeks to sabotage the line’s progress.

A legal filing submitted late on Monday by Energy Transfer Partners (ETP) says attacks that “pose threats to life, physical safety and the environment” targeted DAPL.

“These coordinated attacks will not stop line-fill operations,” the document continued. “With that in mind, the company now believes that oil may flow sometime this week.

No attacks on the line in North Dakota have been reported so far, according to Morton Country sheriff’s office spokesman Rob Keller. The county’s police department played an active role when anti-DAPL protests grew to their furthest heights last year.

The Standing Rock Sioux and Cheyenne River Sioux tribes are still fighting a court battle against the pipeline’s construction, though federal Judge James Boasberg denied an injunction against ETP to stop oil flow until legal issues are resolved.

Boasberg’s ruling said that the court “acknowledges that the tribe is likely to suffer irreparable harm to its members’ religious exercise if oil is introduced into the pipeline, but Dakota Access would also be substantially harmed by an injunction, given the financial and logistical injuries that would ensue.”

Related: Wall Street Bullish On Oil Prices Despite Saudi Warnings

The removal of the threat of an emergency injunction paves the way for ETP to start pumping crude through the 1,172-mile pipeline, which runs from North Dakota to Illinois.

The US$3.8-billion Dakota Access pipeline, which was last year suspended by the Obama administration but greenlighted again by Donald Trump, will carry crude from the North Dakota Bakken shale play to Illinois. On its website, Energy Transfer Partners notes that Lake Oahe already contains eight other pipelines.

By Zainab Calcuttawala for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News