The Dakota Access Pipeline has been the heart of several controversial issues, including tribal sovereignty and risks to drinking water. This IEEFA article explains that the project may also be a very high-risk economic investment.
The article concludes that:
“If oil prices remain low, as currently projected, Bakken oil production will continue to decline, and existing pipeline and refinery capacity in the Bakken will be more than adequate to handle the region’s oil production. And if production continues to fall, the Dakota Access Pipeline will become a stranded asset—one rushed to completion largely to protect the favorable contract terms its developers negotiated in 2014.”
Read full article here.