U.S. Judge allows North Dakota pipeline construction to proceed
News and research before you hear about it on CNBC and others. Claim your 2-week free trial to StreetInsider Premium here.
WASHINGTON (Reuters) - A U.S. judge on Friday allowed construction to proceed on a crude oil pipeline in North Dakota, denying a request from Native American tribes to enjoin the U.S. Army Corps of Engineers to withdraw permits for the project.
U.S. Judge James Boasberg ruled that the Corps "likely" complied with federal law in permitting the 1,100 mile (1,770 km), $3.7 billion Dakota Access pipeline, which would be the first to bring crude oil from the Bakken shale directly to refineries in the U.S. Gulf Coast.
(Reporting by Julia Harte; Editing by Chris Reese)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Credit Suisse finalizes $5.3 billion mortgage deal with U.S.
- Navient (NAVI) Rejects CFPB Ultimatum to Settle
- General Motors (GM) Pays $1M to Settle SEC Accounting Control Failure Charges
Create E-mail Alert Related CategoriesLitigation, Reuters
Related EntitiesBakken Formation, Crude Oil
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!