2 Minn. refineries object to pipeline surcharge

 
No Author Published: November 29, 2012    Comment on this article Leave a comment

MINNEAPOLIS (AP) — Two Minnesota oil refineries say they shouldn't have to help pay for a pipeline that they won't use.

Calgary, Alberta-based Enbridge Energy this month proposed a surcharge to finance the $2.5 billion, 618-mile "Sandpiper" pipeline, which will bring more oil from western North Dakota across Minnesota to a terminal in Superior, Wis.


Advertisement

But the owners of refineries in Rosemount and St. Paul Park that use North Dakota crude have told federal regulators they oppose the deal. The Star Tribune reports (http://bit.ly/Vgl1GR ) their major complaint is all oil shipped from the Bakken fields into Minnesota would pay a $1.45 per barrel surcharge, even if it didn't travel on the new line.

Enbridge says all shippers stand to gain because the project will end the bottleneck on an existing North Dakota-Minnesota pipeline.





If you prefer your thoughts to appear in The Oklahoman's Opinion section, we encourage you to submit a letter to the editor.


New Rule in ILLINOIS:
(APR 2013): If You Pay For Car Insurance You Better Read This...
www.ConsumerFinanceDaily.com
Mortgage Rates Hit 2.50%
White House Program Cuts Up to $1k off Monthly Payments! (2.90% APR)
www.SeeRefinanceRates.com

Business Photo Galleriesview all