Sightline Institute this week co-published a report noting weaknesses in the financing behind the Dakota Access Pipeline (DAPL) and questions around the long-term usefulness of the project. The report describes how the company behind the pipeline is under extreme financial to complete the project and how the pipeline is at risk of becoming a stranded asset in the region’s overbuilt oil-transport infrastructure.
The project faces a January 1 completion deadline that it cannot meet, a failure that would trigger a potential reset with producers and shippers who can renegotiate contracts signed two years ago with the developer, Energy Transfer Partners.
Download the full report below to learn more. View the press release for this report here.
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