Energy Transfer Goes Silent on Dakota Access After Trump Move
- Pipeline giant doesn’t want more attention on line: analysts
- The company still needs a federal easement to complete project
Winter in Standing Rock at the Oceti Sakowin protest camp in North Dakota, Dec. 5, 2016.
Photographer: Pacific Press/LightRocket via Getty ImagesThis article is for subscribers only.
Energy Transfer Partners LP got a boost on Tuesday when President Donald Trump threw his weight behind its controversial Dakota Access oil pipeline.
While rival TransCanada Corp. promptly commented on Trump’s similar show of support for the Keystone XL crude pipeline, Energy Transfer went quiet. Reached by e-mail Wednesday, the company declined to comment. Why the silence?