Energy Transfer Digs In on North Dakota Pipeline Expansion Despite Oil Slump, Report Says

Reuters

Energy Transfer, the developer of the controversial North Dakota Access Pipeline, is digging in its heels over its proposed expansion of the oil pipeline, despite plummeting fuel demand that has prompted some invested oil firms to consider backing out. Now Energy Transfer has taken the rare step to invoke a force majeure clause in the contract to prevent those firms from doing so.

read more