Anatomy of Frustration: Atlantic Coast and Dakota Access Pipelines
By Richard Nemec, Contributing Editor Immediately after the July 4th holiday, with COVID-19 resurging through parts of America, several indelible milestones marked the U.S. pipeline industry as another kind of scourge. Over little more than a 24-hour period, sponsors Dominion Energy and Duke Energy pulled the plug on the $8 billion proposed Atlantic Coast Pipeline (ACP), and Dominion sold nearly $10 billion of transmission/storage assets to billionaire Warren Buffett’s Berkshire Hathaway energy unit. Meanwhile, the U.S. District and Appellate Courts for the District of Columbia ordered the $3.2 billion 1,172-mile (1,886-km) Dakota Access [oil] Pipeline (DAPL) shut down for environmental r
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