It is not a great time to be an oil pipeline developer or operator in North America these days. Policymakers are canceling projects and threatening to close operational pipelines. Environmental groups are becoming more vocal in their opposition to any form of fossil fuel production in Canada and subsequent plans for the transportation of crude from Canada’s oil sands sites to U.S. refining hubs. And this increased pressure on pipelines may change the course of the industry forever. Oil pipeline developers and operators continue to defend their (remaining) projects, saying that their plans will bring a reliable supply of North American crude oil to U.S. markets that will continue to need fuels for the foreseeable future. Pipelines are a safer and cheaper mode of transportation than crude-by-rail transportation, they say. Environmentalists and Michigan Governor Gretchen Whitmer are having none of it. And the state of Michigan is trying to […]

Posted in: USA