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Senators ask Obama to order Dakota pipeline review

Oct. 13, 2016 12:44 PM ETEnergy Transfer LP Common Units (ET) StockEEP, ENB, SXL, MPC, PSX, ETBy: Carl Surran, SA News Editor158 Comments
  • Bernie Sanders is one of five U.S. senators calling on Pres. Obama to order a comprehensive environmental review of the Dakota Access pipeline project that has stoked increasingly fierce opposition from Native Americans and environmental activists; experts say such a review could take several months.
  • "The project’s current permits should be suspended and all construction stopped until a complete environmental and cultural review has been completed for the entire project," says the letter from Sens. Sanders, Feinstein, Markey, Leahy and Cardin.
  • The $3.7B project is being built by the Dakota Access subsidiary of Energy Transfer Partners (ETP -0.2%), which has vowed to complete construction; other relevant tickers are SXL, PSX, MPC, ENB, EEP.

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