I'm happy to entertain what you believe is an alternative purpose for it.
It's not Jobs, for only 40 permanent Jobs will be created from it.
It's not Tax Revenue, for 4 states will have to split $55MM in annual revenue (Remember, Colorado rakes in $20MM/MONTH in Marijuana Taxes)
It will have no impact on production. It costs anywhere from $5 million to $15 million to drill a well in North Dakota’s Bakken formation. After the last bust, producers and their investors are unlikely to fork out that kind of cash until oil prices go up considerably and stay there, which will only happen if Saudi Arabia commits to a long-term slash in its production. Unless new wells are drilled in North Dakota at a furious rate, production will continue to decrease, thanks to the decline curve.
Even if the Pipeline somehow generates an increase in supply, any increased supply delivered by the pipeline (without a consequent increase in demand) would increase the amount of oil supply on a market where demand can’t keep up with supply. The glut grows. Prices slide further downward. There’s even less drilling. Production slides. The cycle continues.
The Dakota Access Pipeline, on its own, is not likely to result in increased production of North Dakota crude, because more pipeline capacity ≠ more demand.
Therefore, the pipeline will not create more oil field jobs or result in higher severance tax revenues to North Dakota.
If there is any uptick in production thanks to the pipeline, it won’t be enough to put a dent in the 5.2 million barrels of oil the U.S. continues to import each and every day;
Since the pipeline won’t push more production, it also will not result in more consumption. Therefore, it will not directly lead to a significant increase in carbon emissions.
Which is to say the pipeline will be neither the economic boon, nor the climate bane, it’s been made out to be. Nor will it get the U.S. any closer to energy independence.
Why, then, is Energy Transfer Partners so intent on building this thing?
As I said, I'm happy to entertain what you believe are the benefits beyond the generation of profit for ETP.