Home / Tag Archives: sandpiper pipeline (page 3)

Tag Archives: sandpiper pipeline

Place your bets: Making long-term investments in the Bakken

The decline in oil prices and dropping rig count have caused hushed whispers and speculations of an impending ‘bust,’ but despite these factors, major players are continuing to put their chips on the table, betting with confidence on the future of the Bakken. The Williston Herald reports that many companies are now looking to long-term investments. Among the deals that ...

Read More »

Enbridge Energy doesn’t see oil slowdown affecting Minnesota pipeline projects

Even as the U.S. oil industry slashes investment, pipeline operator Enbridge Energy isn’t paring back its record five-year, $44 billion building program that includes major projects in Minnesota, the company’s CEO Al Monaco said Friday. Monaco said in an interview that the 50 percent drop in crude oil prices since June “is very dire” for the industry, but hasn’t changed ...

Read More »

Enbridge defends northern route for pipeline

Pipeline operator Enbridge Energy on Tuesday defended its proposal to build a northern Minnesota crude oil pipeline in the face of persistent suggestions by state agencies that another route, farther south, might be better. Company executives testified during the first day of a trial-like evidentiary hearing before a regulatory judge in St. Paul. Critics of the $2.6 billion project have ...

Read More »

Sandpiper Pipeline coming to Otter Tail? Route through county among 3 deemed viable

PERHAM — An alternative Sandpiper Pipeline route that would pass through the northeast quadrant of Otter Tail County is becoming much more of a possibility after two recent reports appear to have narrowed the list of choices from nine down to just three. When a potential Sandpiper Pipeline route that would pass through Otter Tail County was announced in August, ...

Read More »

Sandpiper oil line hearings begin Monday

The Minnesota Public Utilities Commission will take public testimony next week at five hearings across the state on the all-new Enbridge Energy Sandpiper pipeline set to run from Beaver Lodge, N.D., to Superior. This round of hearings is intended to focus primarily on the “need” for the new pipeline — both Enbridge’s need to serve their customers — oil companies ...

Read More »

Groups want broader review for Sandpiper oil pipeline

Oil and Gas Pipeline

Two Minnesota environmental groups filed suit in state district court Friday asking for a broader environmental review for the proposed Enbridge Energy Sandpiper oil pipeline across northern Minnesota. The Minnesota Center for Environmental Advocacy and Friends of the Headwaters jointly filed the suit in Ramsey County asking for a full-fledged Environmental Impact Statement for the pipeline. Both the need and ...

Read More »

Enbridge CEO Monaco: Twin Ports critical to the company

Enbridge

Enbridge Inc.’s top official was in the Twin Ports on Thursday, visiting the company’s regional headquarters and its terminal in Superior. Then, Al Monaco, Enbridge’s CEO and president, capped off his day by giving the keynote address to 1,300 people at the Duluth Area Chamber of Commerce annual dinner and meeting at the Duluth Entertainment Convention Center. That was a ...

Read More »

How bad could falling oil prices hurt ND?

oil prices

North Dakota has seen a boom in industry, commerce, and population thanks to Bakken shale oil development, but that boom has been made possible by high oil prices. As this map from Vox shows, North Dakota is one of the states that has benefited the most from rising oil prices: That’s a good place to be, except for when oil prices ...

Read More »

EDITORIAL: Pipeline delay is not good for moving grain

grains

Albert Lea Tribune editorial Oil is everywhere. It’s in our cars. It’s in all the plastics we use. Sometimes, it seems crazy that we are wasting this precious resource on making frivolous things like toys for children’s meals at fast-food restaurants. But there no denying that oil is needed — no matter how we feel about global warming, no matter ...

Read More »