Enbridge says current oil market freefall doesn't alter need for Minnesota pipeline
June 2, 2020
COVID-19's battering of the oil market is a "short-term" disruption that doesn't alter the need for Enbridge's Line 3 pipeline across northern Minnesota, the company told utility regulators in a filing Monday.
Pipeline opponents last month called on regulators to reverse their approval of the $2.6 billion Line 3, saying it was even more unnecessary now that the Canadian oil industry had imploded and crude demand had collapsed worldwide.
Enbridge, in its filing, acknowledged "the pandemic has disrupted lives and economies across the globe. However, the "new information" provided by these longtime Project opponents as to energy demand or consumption fails to support any claim that the Project is not now needed."