Bloomberg is reporting that Koch kills the Dakota Express:
Koch Pipeline Co. called off plans
to build a 250,000-barrel-a-day crude line to Illinois from
North Dakota’s Bakken formation, where a shale boom has helped
lift domestic production to the highest in a quarter-century.
The indirect subsidiary of Koch Industries Inc., one of the
largest private companies in the U.S., is no longer developing
the so-called Dakota Express pipeline, Jake Reint, a Koch
spokesman, said by e-mail yesterday. He didn’t provide a reason
for the decision. The Wichita, Kansas-based company was
scheduled to begin a 45-day open season to gauge interest from
potential shippers on the line in July.
The Dallas News is reporting that the Keystone XL South 2.0 should be flowing:
Last week, opponents of the pipeline conceded there was little they
could do to stop TransCanada from flipping the switch. After a meeting
with federal authorities earlier this month yielded nothing,
environmentalists and landowners sent a letter to Attorney General Greg
Abbott requesting that he intervene.
“Absent that, we’re running out of tricks,” said Tom “Smitty” Smith, who heads the advocacy group Public Citizen Texas.
And that about sums it up:
tricks.
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