The 3 Week Diet System

Tuesday, January 27, 2015

Enbridge says alternate route to proposed northern Minnesota pipeline would be more expensive

January 27:

ST. PAUL, Minn. – Enbridge Energy is defending its proposal to build a northern Minnesota crude oil pipeline.
Company executives testified Tuesday during the first day of a hearing before a regulatory judge in St. Paul. Critics of the $2.6 billion project have questioned whether the line needs a northern route.
But Enbridge project director Paul Eberth says the Sandpiper project would allow shippers to carry North Dakota crude oil to a terminal in Clearbrook, Minnesota, and then on to Enbridge’s storage terminal and other pipelines in Superior, Wisconsin.
Eberth says rerouting the pipeline without reaching those destinations would not serve shippers’ needs.
The Star Tribune (http://strib.mn/1wzOVCJ ) reports the hearing is focused on whether the project is needed and, if so, whether the company’s preferred route or an alternate one would meet the need.

Source:  www.canadianbusiness.com/business-news/enbridge-says-alternate-route-to-proposed-northern-minnesota-pipeline-would-be-more-expensive/?

1 comment:

  1. We, at Epic research , strongly believe that investment advice should be totally independent and no biases should affect the ratings for Foreign Exchange.

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