Fate of Dakota Access pipeline at stake at Friday court hearing
By Laila Kearney and Devika Krishna Kumar
Reuters
NEW YORK (Reuters) - The fate of the Dakota Access pipeline could be decided at a U.S. court hearing Friday, where federal regulators could set in motion a months-long shutdown of the line while the Biden Administration completes an environmental review.
The market has been increasingly worried about a possible shutdown as the White House aims to reduce the nation s reliance on fossil fuels and address concerns of minority communities harmed by carbon emissions. Biden s administration has restricted oil-and-gas leasing on federal lands and cancelled permits for the proposed Canada-to-U.S. Keystone XL line and a U.S. Virgin Islands refinery expansion.
U S Army Corps may reveal fate of Dakota Access pipeline at hearing
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U S Army Corps may reveal fate of Dakota Access pipeline at hearing
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Fate of Dakota Access pipeline at stake at Friday court hearing By Laila Kearney and Devika Krishna Kumar
FILE PHOTO: Law enforcement officers advance into the main opposition camp against the Dakota Access oil pipeline near Cannon Ball
NEW YORK (Reuters) – The fate of the Dakota Access pipeline could be decided at a U.S. court hearing Friday, where federal regulators could set in motion a months-long shutdown of the line while the Biden Administration completes an environmental review.
The market has been increasingly worried about a possible shutdown as the White House aims to reduce the nation’s reliance on fossil fuels and address concerns of minority communities harmed by carbon emissions. Biden’s administration has restricted oil-and-gas leasing on federal lands and cancelled permits for the proposed Canada-to-U.S. Keystone XL line and a U.S. Virgin Islands refinery expansion.