Energy Transfer to Get Dakota Access Pipeline Approval From U.S.

  • North Dakota-to-Illinois oil line seen operating in June
  • Energy Transfer Partners shares surge following court filing

What Trump’s Actions on Keystone, Dakota Pipelines Mean

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The controversial Dakota Access pipeline is set to gain the final go-ahead for completion after President Donald Trump asked for a speedy approval.

The U.S. Army said it will grant Energy Transfer Partners LP the easement it needs to finish the line that will ship almost half a million barrels of crude a day from North Dakota’s shale fields to refineries across the Midwest and on to the Gulf Coast. The approval follows Trump’s memorandum that advised expediting review of the project. Trump took office promising to favor oil and natural gas developments as well as support new infrastructure, such as reviving TransCanada Corp.’s Keystone XL pipeline. The Standing Rock Sioux plans to fight the easement decision.