Regulatory delay in approving pipeline puts tax revenue and jobs at risk in northern Minnesota
Enbridge—the company trying to gain approval to build the Sandpiper oil pipeline across northern Minnesota—just announced it is buying a $1.5 billion stake in the Dakota Access pipeline. The purchase, according to the Star Tribune, puts the future of the Sandpiper pipeline “in doubt.” That’s because the Dakota Access pipeline should provide enough new capacity to decrease Enbridge’s mid-term need for the Sandpiper pipeline. This is a huge blow to northern Minnesota’s economy. An uncertain future for the Sandpiper pipeline means an uncertain future for $25 million in annual property taxes a new pipeline would contribute to revenue strapped northern Minnesota...
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