- Energy Transfer Partners (ETP -1.5%) says it expects to receive federal approval soon to complete the Dakota Access oil pipeline following Sunday's federal appeals court ruling that reaffirmed a lower court decision in September denying an injunction sought by the Standing Rock Sioux tribe.
- The lead company building the controversial project says it is confident that the only remaining approval it needs - a permit to allow the pipeline to cross the Missouri River - will be granted soon by the Army Corp of Engineers.
- ETP says the latest ruling frees it to continue building the pipeline in an area extending 20 miles on either side of the Missouri River.
- Other relevant tickers: SXL, PSX, MPC, ENB, EEP
Energy Transfer says it expects approval to complete Dakota Access pipeline
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