Uncertainty Over The Dakota Access Pipeline’s Future Has Oil Producers In ‘Holding Pattern’ – By John Sexton (Hot Air) / July 29 2020
The Dakota Access Pipeline is the major means used to transport oil produced in the Bakken region of North Dakota to an existing pipeline in Illinois which can take the oil to Texas and the Gulf of Mexico. Earlier this month a judge ordered the Dakota Access Pipeline to cease operating so that a new environmental review, which could take a year or more, could be conducted. Fortunately, the U.S. Court of Appears for the District of Columbia has issued a stay of that ruling, at least while the appeals court reviews it.
“The purpose of this administrative stay is to give the court sufficient opportunity to consider the emergency motion for stay and should not be construed in any way as a ruling on the merits of that motion,” the court said in the order…
North Dakota Republican U.S. Sen. Kevin Cramer hailed the order as “common sense.”
A decision from the appeals court could be coming soon but in the meantime, the uncertainty over the pipeline’s future has already put a damper on the return of oil production in Bakken shale region:
Continue to article: https://hotair.com/archives/john-s-2/2020/07/29/uncertainty-dakota-access-pipelines-future-oil-producers-holding-pattern/
