Quantcast
Popular
Drilling fluid released into a wetland in Belmont County, Ohio, during construction of Rover Pipeline. Sierra Club.

Judge's DAPL Ruling, Reckless Spill Record Pushes Pipeline Company's Shares Below $20 for First Time

Energy Transfer Partners, the company behind the controversial Dakota Access Pipeline and the fracked gas Rover Pipeline, has quite the extensive spill history, a new analysis shows.

After crunching the numbers from the Pipeline and Hazardous Materials Safety Administration (PHMSA), TheStreet revealed that the Dallas-based company spilled hazardous liquids near water crossings more than twice the frequency of any other U.S. pipeline company this decade.


According to the report:

"The company has spilled hazardous liquids five times near water crossings since 2010 when PHMSA started collecting detailed data. The company's spills account for almost 20% of all hazardous liquid spills near water crossings since 2010, primarily because of a 55,000-gallon gasoline spill in 2016 near the Susquehanna River in Lycoming County, Pennsylvania. TheStreet only included onshore spills in its analysis, and included subsidiary companies.

"Since 2010, the company has spilled hazardous liquids 204 times in all, ranking only behind Enterprise Products Partners LP (EPD) and Magellan Midstream Partners, LP MMP, according to TheStreet's tally."

Energy Transfer owns about 71,000 miles of natural gas, natural gas liquids, refined products and crude oil pipelines across the country.

Alexis Daniel, an Energy Transfer spokesperson, defended the company's safety record.

"Not only does Energy Transfer Partners adhere to the approved regulatory standards, but it is always Energy Transfer Partners' priority to go above and beyond when building pipelines and is a common practice on all projects," she told TheStreet. "For example on Rover, the pipeline route will be flown every ten days, weather permitting, versus every 14 days which is the current requirement, for visual inspection of the pipeline."

Still, it's been a rough few months for Energy Transfer. In May, the Federal Energy Regulatory Commission (FERC) rejected the Energy Transfer's request to resume horizontal directional drilling at two sites for the Rover Pipeline after numerous leaks into Ohio's wetlands (including 2 million gallons of drilling fluid spill near the Tuscarawas River) in addition to various Clean Air and Clean Water act violations across the state.

And earlier this week, a federal judge ruled that that the Trump administration failed to consider the Dakota Access Pipeline's impact on the hunting and fishing rights of the Standing Rock Sioux Tribe. While the ruling did not shut down operations on the oil pipeline, which started flowing earlier this month, the judge has ordered a new environmental review.

A day after the judge's order, Energy Transfer shares fell to $19.53 on Friday—the first time it fell below $20 a share. The stock also slid 11 percent after FERC's order last month.

Energy Transfers stock chart for April, May and June. NYSE: ETP

Earlier reports have also highlighted the company's frequent spill and accident rate. A February analysis from the Louisiana Bucket Brigade and DisasterMap.net found that Energy Transfer and its subsidiary Sunoco have filed 69 accidents over the past two years to the National Response Center, the federal contact point for oil spills and industrial accidents. That's 2.8 accidents every month, the analysis noted.

However, spills are not the only problem. A June study by Oil Change International highlighted how the Rover Pipeline will fuel a massive increase in climate pollution, causing as much greenhouse gas pollution as 42 coal-fired power plants—some 145 million metric tons per year.

Show Comments ()
Sponsored
Energy
Petrified Forest National Park. Andrew Kearns / National Park Service

Trump Opens Door to Dangerous Fracking in Northern Arizona

A new Trump administration plan proposes to auction off 4,200 acres of public land for oil and gas development in northern Arizona. The lands straddle the Little Colorado River, are within three miles of Petrified Forest National Park, and are near habitat for a federally threatened fish called the Little Colorado spinedace. Drilling and fracking would threaten to deplete and pollute groundwater in the Little Colorado River Basin.

Keep reading... Show less
Animals
Wild bumble bees provide natural pollination for blueberries in North America. John Flannery / Flickr / CC BY-ND 2.0

Beyond Honey Bees: Wild Bees Are Also Key Pollinators, and Some Species Are Disappearing

By Kelsey K. Graham

Declines in bee populations around the world have been widely reported over the past several decades. Much attention has focused on honey bees, which commercial beekeepers transport all over the U.S. to pollinate crops.

Keep reading... Show less
Animals
Brown bears in Katmai National Park and Preserve in Alaska. NPS Photo / B. Plog

Trump Admin. Wants to Reinstate 'Cruel' Hunting Tactics in Alaska, Conservation Groups Say

The Trump administration has proposed new regulations to overturn an Obama-era rule that protects iconic predators in Alaska's national preserves.

Wildlife protection organizations condemned the move, as it would allow hunters to go to den sites to shoot wolf pups and bear cubs, lure and kill bears over bait, hunt bears with dogs and use motor boats to shoot swimming caribou. Such hunting methods were banned on federal lands in 2015 that are otherwise permitted by the state.

Keep reading... Show less
Animals
An Asian elephant eating tree bark. Yathin S Krishnappa / CC BY-SA 3.0

5 Conservation Milestones to Celebrate on This International Day for Biological Diversity

Scientists are increasingly realizing the importance of biodiversity for sustaining life on earth. The most comprehensive biodiversity study in a decade, published in March by the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES), warned that the ongoing loss of species and habitats was as great a threat to our and our planet's wellbeing as climate change.

Keep reading... Show less
Sponsored
Climate
Deep-sea corals may not be flashy, but they deserve a second look. Oceana

Ignoring Deep-Sea Corals Is Risky for the Oceans, and for Us

By Nathan Johnson

The deep sea might be cold and dark, but it's not barren. Down here, an incredible diversity of corals shelters young fish like grouper, snapper and rockfish. Sharks, rays and other species live and feed here their whole lives.

Brightly colored coral gardens, far beyond the reach of the sun's rays, don't just nurture deep-sea life. They also help advance medical research and understand climate change.

Keep reading... Show less
Energy
Kristian Buus / Greenpeace

Green Groups Balk at England’s Plan to Fast Track Fracking

Government ministers published proposals Thursday that would speed the development of fracking in England, igniting opposition from environmental groups and local communities, The Independent reported.

Keep reading... Show less
Sponsored
Energy

Before Royal Wedding Sermon, Rev. Curry Stood With Standing Rock Pipeline Opponents

Bishop Michael Curry, who delivered a passionate wedding sermon to royal newlyweds Prince Harry and Meghan Markle on Saturday, also gave a powerful message about two years ago to Dakota Access Pipeline protesters at Standing Rock, North Dakota.

On Sept. 24, 2016 at the Oceti Sakowin Camp, the reverend offered the Episcopal Church's solidarity with the water protectors, noting that, "Water is a gift of the Creator. We must protect it. We must conserve it. We must care for it."

Keep reading... Show less
Climate
Coral bleaching like this (in the Great Barrier Reef) is killing the largest reef in Japan. Oregon State University / CC BY-SA 2.0

Only 1% of Japan’s Largest Reef Still Healthy After Historic Bleaching Catastrophe

In a sobering reminder of the impact of climate change on marine biodiversity, a survey by the Japanese government found that barely more than one percent of the coral in the country's largest coral reef is healthy, AFP reported Friday.

The reef, located in the Sekisei Lagoon near Okinawa, has suffered mass coral bleaching events due to rising sea temperatures in 1998, 2001, 2007 and 2016.

Keep reading... Show less
Sponsored

mail-copy

The best of EcoWatch, right in your inbox. Sign up for our email newsletter!