Enterprise not moving forward with proposed crude oil pipeline

Enterprise Products Partners LP

Enterprise Products Partners LP (NYSE:EPD) has decided not to move forward with development of its proposed Bakken-to-Cushing, Oklahoma, crude oil pipeline.

Commitments received from potential shippers during the recent open season were not sufficient to support the project.

Enterprise Products Partners provides midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products, and petrochemicals.

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