Southern Access Extension

No sooner had we finished up our analysis of the divergent fates of two North Dakota crude oil pipeline projects - the Enbridge Sandpiper (going ahead after a successful second open season) and the Koch Dakota Express (cancelled in January) – then we learned that competitor Energy Transfer Partners (ETP) had launched a binding open season for a third pipeline proposal following basically the same route. The ETP press announcement provided few specifics but it seems remarkably similar to the cancelled Koch proposal. Today we look at plusses and minuses of this new pipeline proposal.