DETROIT (AP) — Experts predict that a worst-case scenario leak of an old oil pipeline where Lake Michigan and Lake Huron meet would cost nearly $2 billion.
The state of Michigan released a draft of a report by an independent team of scientists who estimate that more than half the cost would be cleanup as well as lost tourism income.
The scientists were evaluating the potential impact of a spill from Canadian company Enbridge's Line 5, which runs beneath the Straits of Mackinac.
Enbridge says the pipeline is in good shape and that the report's scenarios are "purely hypothetical." But critics say the 65-year-old line is vulnerable to leaks and should be shut down.
Michigan natural resources director Keith Creagh (CREE) says Line 5 can't remain in its current form.
Before you make your next trade, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.
Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.
They believe these five stocks are the five best companies for investors to buy now...
See The Five Stocks Here
Growth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.
Get This Free Report
