Modal close

Hi there,

This week, Democracy Now! is celebrating our 22nd birthday. Since our first show in February 1996, our daily news hour has brought you fearless journalism and hard-hitting news you can trust--all without ads or corporate underwriting. How is this possible? Only with your support. In fact, if everyone reading this gave just $4, it would cover our operating expenses for the whole year. Right now, a generous donor will TRIPLE every donation, meaning your gift today will go three times as far. Pretty amazing, right? Please do your part. Take a moment to give right now for our 22nd birthday.

Non-commercial news needs your support.

We rely on contributions from you, our viewers and listeners to do our work. If you visit us daily or weekly or even just once a month, now is a great time to make your monthly contribution.

Please do your part today.

Donate

Investors Delay $2 Billion Purchase of Dakota Access Pipeline Stake

HeadlineDec 28, 2016
Pipeline construction

Meanwhile, the company building the Dakota Access pipeline suffered another setback this week, after a pair of major investors held off on a purchase of a $2 billion stake in the project. A filing with the Securities and Exchange Commission shows Enbridge Energy Partners and Marathon Petroleum Corporation won’t meet a previous deadline of December 31 to complete a sale. The companies will now have until March 31 to consider whether to walk away from an investment in the pipeline. Energy analyst Antonia Juhasz called the filing very bad news for Energy Transfer Partners, writing, “If Enbridge and Marathon thought that completion of the pipeline was a done deal, the money would have been a done deal too. This means they are worried and are not feeling secure enough to turn over their cash, putting even more financial pressure on Energy Transfer Partners.”

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Up arrowTop