Shutting Canadian Pipeline Would Cost US Consumers $23.7 Billion More in Fuel Costs: Report

Shutting Canadian Pipeline Would Cost US Consumers $23.7 Billion More in Fuel Costs: Report
Damage to anchor support EP-17-1 on the east leg of the Enbridge Line 5 pipeline within the Straits of Mackinac in Michigan is seen in this June 2020 photo. The Canadian Press/HO - AP, Michigan Department of Environment, Great Lakes, and Energy
John Haughey
Updated:

A recently published analysis by a consumer advocacy nonprofit maintains that shutting a 4.5-mile section of a nearly 70-year-old pipeline that spans the Great Lakes from Wisconsin to Ontario would impose $23.7 billion in higher fuel costs on families and businesses in Indiana, Michigan, Ohio, and Pennsylvania.

Consumer Energy Alliance’s (CEA) 14-page report estimates that closing Canada-based Enbridge’s Line 5 pipeline in the Straits of Mackinac, which connect Lake Michigan to Lake Huron, would spur regional fuel price spikes of 9.47 to 11.66 percent “independent of any other market conditions, such as the surge in fuel prices observed over the past 12 months that are tied to international oil markets and logistical challenges caused by the pandemic.”
John Haughey
John Haughey
Reporter
John Haughey is an award-winning Epoch Times reporter who covers U.S. elections, U.S. Congress, energy, defense, and infrastructure. Mr. Haughey has more than 45 years of media experience. You can reach John via email at [email protected]
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