Monday, April 23, 2018

"Take It Or Leave It, Enbridge" -- Back In PUC's Court -- April 23, 2018: Administrative Judge Threads The Needle -- Rules For The Pipeline; Rules Against Enbridge

Map: screenshot taken July 20, 2018, after the PUC ruled -- from this article --

 Original Post
MINNEAPOLIS — The Latest on Enbridge Energy's proposed Line 3 replacement (all times local): 5:15 p.m.
An administrative law judge says Minnesota regulators should approve Enbridge Energy's proposal for replacing its aging Line 3 crude oil pipeline only if it follows the existing route rather than the company's preferred route.  
Administrative Law Judge Ann O'Reilly recommended Monday that the Public Utilities Commission choose the existing route, which avoids sensitive areas in the Mississippi River headwaters region where American Indians harvest wild rice and hold treaty rights. The proposal has drawn opposition because the line would carry Canadian tar sands crude.  
The commission is expected to make its final decision in June. 
The graphic at this post appears to show the existing route and Enbridge's preferred route, the right angle dogleg, to avoid two Indian reservations. But the judge said Enbridge needed to take the existing route as seen in the graphic below:

Buzz on the street: Enbridge knew exactly what it was doing when it offered a "preferred but different route." Scott Adams would have a lot of fun with this one.

Disclaimer: this is not an investment site. See disclaimer.

Motley Fool: Enbridge vs Magellan Midstream, seven days ago. Slight edge to Magellan Midstream but both are on sale. 

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