Eight water protectors now face up to five years behind bars due to a new law targeting pipeline opponents. They were arrested and charged with interfering with “critical infrastructure” — in this case the Bayou Bridge Pipeline being built by Energy Transfer Partners (ETP) through the ancient cypress forests within the Atchafalaya Basin. The circumstances … Read More
Author: Brant Olson
Pipeline delays will cost ETP $750M this year
Energy Transfer Partners (ETP) just made a remarkable confession that vindicates investors who abandoned the company over its shameful behavior at Standing Rock. During its quarterly earnings call with analysts last week, ETP announced that spending for 2018 would increase to $4.5 billion — $1.5 billion more than its estimate just three months prior. When … Read More