SD Democrat Will Propose Bonding For Oil Pipelines
January 14, 2012, 10:18 AM
PIERRE, SD -
Senate Democratic Leader Jason Frerichs of Wilmot says he will ask the South Dakota Legislature
to approve a measure requiring any company building a large oil pipeline to post a $500 million bond to cover damage in case of leaks.
Frerichs says Nebraska has imposed a similar bonding requirement on the proposed TransCanada Keystone XL pipeline that also would cross South Dakota as it carries oil from Canada to the Gulf Coast.
He says Nebraska also has won a change in the route, and Montana and North Dakota have agreements to connect the pipeline to oil fields in those states.
Frerichs says South Dakota also should require bonding to cover damage to underground water supplies that would arise from a leak.
© 2012 Associated Press. All rights reserved. Material may not be redistributed.
1/30/2015 10:55 AM
Police are searching for 17-year-old Conner Hanson and 19-year-old Robert Montes. Hanson and Montes are reported to be dangerous and should not be app...
1/30/2015 12:09 AM
Sioux Falls Police are investigating a Thursday night shooting that occurred near the Empire Mall.
1/25/2015 8:08 AM
A Newcastle, Wyoming man died after an ATV broke through the ice on a lake in northern Perkins County in South Dakota.
1/29/2015 5:30 PM
Officials are urging caution on the ice as warmer temperatures lead to changing ice conditions across the region.
1/28/2015 10:56 AM
On Tuesday, a 19-year-old student left her room saying she was headed to the bathroom. Her roommate reported her missing when she had not returned.