Delivery of Crude Oil From Bakken Shale at Risk From Pipeline Shutdown Orders
Earlier this month, a U.S. district court judge ordered the Dakota Access Pipeline temporarily shut down and drained by Aug. 5, when a federal judge found that the U.S. Army Corps of Engineers violated the National Environmental Policy Act. But the pipeline operator, Energy Transfer (NYSE: ET), won a temporary reprieve from the shutdown before a yearlong environmental review was to take place.
Another Bakken pipeline, operated by Marathon Petroleum's (NYSE: MPC) MPLX Limited Partnership (NYSE: MPLX), was also ordered shut down in early July. The Tesoro High Plains pipeline was deemed by the U.S. Department of the Interior's Bureau of Indian Affairs to be trespassing on Native American land.
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Source Fool.com
