Strikes and Economic Unrest: Are You Prepared for What's Coming?

Louis Navellier has issued a chilling warning about the economic turmoil gripping America today. The rapid advancement of artificial intelligence and automation is reshaping industries and posing threats to jobs, pushing America's financial system to its limits. If you're not prepared, it could devastate your savings, investments, and even your retirement.

South Dakota law raises questions about future of massive Midwest pipeline

SARAH RAZA and JACK DURA
March 09, 2025

SIOUX FALLS, S.D. (AP) -- A new law in South Dakota prohibiting the use of eminent domain to acquire land for carbon capture pipelines raises questions about the viability of a proposed 2,500 mile (4,023-kilometer) project snaking through five Midwest states.

Summit Carbon Solutions, the company behind the estimated $8.9 billion pipeline, vowed to keep pursuing the project despite South Dakota Gov. Larry Rhoden's announcement Thursday that he had signed a bill into law that will make routing the line much more difficult. The law bans Summit from forcing South Dakota landowners to allow the pipeline through their property.

Plans call for the pipeline to carry greenhouse gas emissions from more than 50 ethanol plants in Iowa, Minnesota, Nebraska, North Dakota and South Dakota to a spot in North Dakota, where it would be permanently stored underground.

Legal action is possible

It's unclear whether Summit will pursue legal action but the company said in a statement that "all options are on the table" and the project "moves forward" in other states. The company promised it would have more news soon.

Large pipeline projects typically rely on eminent domain, with companies arguing that even if most landowners agree to grant access to their property, a project can be scuttled if only a few refuse.

Summit says the company, which has secured over 2,700 easements across the region, has approval for routes in Iowa and North Dakota and a leg in Minnesota.

Can the line be routed through Minnesota?

The current proposed route would cut through nearly 700 miles (1,126.5 kilometers) of South Dakota before entering North Dakota, so rerouting to the east through Minnesota would be a big challenge.

A Summit spokesperson did not respond to questions Friday about whether the company would consider a new route.

The sponsor of the South Dakota bill, Republican Rep. Karla Lems, said Summit could either reroute its pipeline through Minnesota into North Dakota or "negotiate with landowners in South Dakota" and go around opponents.

Gov. Rhoden said the South Dakota law wasn't intended to kill the project and suggested Summit see it as "an opportunity to reset."

Minnesota is a relatively small part of Summit's overall project. The only segment approved in the state is a 28-mile (45-kilometer) leg from an ethanol plant near Fergus Falls to the North Dakota border. Summit's project also includes two legs in southern Minnesota that would go into Iowa.

A Minnesota Public Utilities Commission spokesperson did not respond to phone or email messages.

The pipeline's importance to the ethanol industry

The country's transition to electric vehicles has been slower than many people expected, but most think a shift away from internal combustion engines will eventually happen.

Nearly 40% of the nation's corn crop is brewed into ethanol, which is blended into most gasoline sold in the U.S. Midwest farmers and the ethanol industry therefore see it as essential to have new markets as less of the fuel additive goes to power cars.

They see passenger jet fuel as a potentially huge new market for ethanol. However, under current rules the process for turning ethanol into aviation fuel would need to emit less carbon dioxide to qualify for tax breaks intended to reduce greenhouses.

The carbon capture pipeline is a key part of achieving those goals, Iowa Renewable Fuels Association Executive Director Monte Shaw said.

Walt Wendland, who runs an ethanol plant in Onida, South Dakota, said the "ethanol industry is a margin business" and the new state law will put South Dakota ethanol producers at a disadvantage.

"Ever since I built a plant, I never wanted an advantage, just don't put me at a disadvantage," Wendland said.

Will the pipeline ever be built?

It has been four years since Summit proposed building the pipeline, along with two other companies that later abandoned their plans. It has been a challenging process for Summit, which dealt with lawsuits in Nebraska and elsewhere, opposition before a regulatory commission in Iowa and now the eminent domain ban in South Dakota.

In its statement, Summit expressed optimism about the future but didn't offer specifics about how it could build a pipeline without eminent domain authority in South Dakota.

Since the pipeline was proposed, the federal government's approach to climate change also has changed dramatically. Democratic President Joe Biden increased tax incentives under the Inflation Reduction Act and Bipartisan Infrastructure Law to encourage carbon capture as an effort to slow climate change.

However, Republican President Donald Trump has emphasized the need for more oil and gas drilling and coal mining, and has put far less emphasis on alternative energy. Trump has not indicated whether his views will lead to changing federal policy regarding carbon capture pipelines.

___

Dura reported from Bismarck, North Dakota.

Continue Reading...

Popular

Who is Mark Carney, the next prime minister of Canada?

TORONTO (AP) — Former central banker Mark Carney will become Canada’s next prime minister after a Liberal Party leadership vote in a landslide.

Albania shuts down TikTok for a year amid concerns over violence among children

TIRANA, Albania (AP) — The Albanian Cabinet decided on Thursday to shut down for 12 months, blaming the popular video-sharing platform for inciting violence and bullying, especially among children.

Wall Street Legend: Why Stocks Are Very Likely to Crash in Trump's 2nd Year - Ad

Legendary investor Marc Chaikin says stocks could crash in 2026--he's even calling the exact month and most likely day it will start. No one on or off Wall Street has been more accurate calling the bull and bear turns of the past 7 years. And now, Chaikin is calling the crash of 2026.

Trump signs executive order to establish government bitcoin reserve

President Donald Trump signed an executive order Thursday establishing a , a key marker in the cryptocurrency's journey towards possible mainstream acceptance.

Trump Administration Plans To Dish Out More Money To Elon Musk's Starlink For Rural Broadband

Elon Musk's Starlink may receive $6-14B in federal grants for rural broadband expansion, raising conflict of interest concerns due to his role as White House advisor.

Trump Bombshell to Hit by April 30th? - Ad

According to Louis Navellier, the legendary investor who picked Nvidia before shares exploded as high as 3,423%... Before April 30th, President Trump could make a shocking AI announcement... Sending these stocks exploding higher.

Mexico makes case to avoid US tariffs as it awaits Trump's decision

MEXICO CITY (AP) — Mexico President Claudia Sheinbaum said Monday that her administration is waiting to see if U.S. President Donald Trump makes good on his on Mexican imports.

Why should America worry about Trump? Try the price of eggs, say some Democrats

NEW YORK (AP) — As their party struggles to navigate the early days of Donald Trump's second presidency, some Democrats are convinced that their road to recovery lies in the price of eggs.

Trump, Musk & the Gold Play No One Sees Coming - Ad

Fort Knox mystery could send gold skyrocketing. Because the real danger isn't missing gold. It's decades of Fed manipulation collapsing overnight. Right now, I've uncovered 5 major gold predictions that could make this Fort Knox moment even bigger than people realize. One of them is already unfolding.

China's exports and imports weaken in Jan-Feb as demand slides amid global trade uncertainty

HONG KONG (AP) — China’s exports rose a less-than-expected 2.3% in January and February from a year earlier while imports fell more than 8% in a slow start to a year dogged by uncertainty over and other policies.

Mortgage Rates Fall For Fifth Week Straight, But Remain Close To 7%

Homebuyers received some good news this week: Mortgage rates declined for a fifth week to their lowest level since last year and the median U.S. home-sale price rose by the smallest increase since last September. 

The Fort Knox Cover-up? What It Means for Gold - Ad

Trump and Musk are demanding answers: Is Fort Knox empty? If the gold is gone, supply collapses, and prices could skyrocket instantly. Right now, I've uncovered 5 major gold predictions that could make this Fort Knox moment even bigger than people realize. One of them is already unfolding--and the window to act is closing fast.

North Carolina Republicans seek to force top Democrats to fall in line with Trump agenda

RALEIGH, N.C. (AP) — North Carolina Republicans who are resolved to promote President Donald Trump’s agenda now seek to compel the recently elected Democratic governor to aid the president's immigration crackdown and stop the new Democratic attorney general from fighting Trump in court.

Mark Cuban Warns Elon Musk Is Making Trump's Job '1,000 Times Harder'

Elon Musk, who is leading the charge at the Department of Government Efficiency, has received a warning from Mark Cuban.

Warning: "The 2025 Tech Meltdown" - Ad

One of the biggest stock market events in 25 years is rapidly unfolding...The chaos is set to begin on May 21st. This is why the world's financial elite are panic-selling stocks at the fastest rate in a decade. So, will you be ready for what's coming?

Elon Musk's DOGE Team Has Door Slammed On It At Africa Aid Agency Amid Raging Turf War

DOGE team members were denied entry to the U.S. African Development Foundation amid tensions over Trump's executive order targeting independent agencies.

Jensen Huang Admits First Nvidia Blackwell Chips Faced Hiccups, Praises Team For Amazing Recovery - Blackwell Ultra On Track For Second Half Of 2025

Nvidia CEO Jensen Huang acknowledged initial delays with the Blackwell AI chip but assured investors that Blackwell Ultra remains on track for a second-half 2025 release, while the company also prepares for its next-generation Verarubin architecture.

Nvidia Is About to Shock the World: March 17th - Ad

Jeff Brown, the tech legend who picked shares of Nvidia in 2016 before they jumped by more than 22,000%, is warning everyone to... Mark this date on your calendar: March 17th! That's when Nvidia could help send shares of this Elon Musk supplier skyrocketing higher.

China imposes retaliatory tariffs on Canadian farm and food products

BEIJING (AP) — China on Saturday announced retaliatory tariffs on some Canadian farm and food imports, after Canada imposed duties in October on Chinese-made electric vehicles and steel and aluminum products.

Europe-Based UCB's Bimzelx Data Reveals Sustained Skin Clearance In Inflammatory Skin Disorders

UCB's Bimzelx shows sustained efficacy in psoriasis and hidradenitis suppurativa, with high skin clearance rates and improved symptoms over long-term trials.

JFK, 9/11... And Now This? - Ad

Jim Rickards says we'll never forget April 11, 2025. Jim outlines a crash so terrible it may even have the power to wipe out the checking and savings accounts at your bank... Along with 40% of the market. Jim is one of America's best geopolitical analysts... All you need to know is in a quick summary of his latest book.

Stock market today: Asian shares rebound after Trump pullback on some tariffs cheers investors

BANGKOK (AP) — Asian shares were mostly higher Thursday, tracking a rebound on Wall Street after pulled back on some of his tariffs hikes.

AI pioneers who channeled 'hedonistic' machines win computer science's top prize

Teaching machines in the way that animal trainers mold the behavior of dogs or horses has been an important method for developing artificial intelligence and one that was recognized Wednesday with the top computer science award.

Stocks to Crash on March 16, 2026? Here's Compelling Reason Why - Ad

Perhaps no one on or off Wall Street has been more accurate calling the bull and bear turns of the past 7 years. From the bear markets of 2018 and 2022... to the roaring bull runs of 2021, 2023, and 2024. And now, Marc Chaikin is predicting the next crash will start March 14, 2026. If you have money in the markets, Chaikin's thesis is a must-see.

Melinda French Gates Reveals An IBM Manager Inspired Her To Join Bill Gates Co-Founded 'Little Company' Microsoft

Melinda French Gates credited a conversation with an IBM (NYSE: IBM) hiring manager for her decision to join Microsoft (NASDAQ: MSFT), a choice that significantly impacted her career and personal life.

Trump Praises Treasury's Move To Suspend 'Outrageous' BOI Rule Aimed At Curbing Illegal Activities: 'Biden Rule Has Been An Absolute Disaster For Small Businesses'

President Donald Trump has expressed his approval of the Treasury Department's decision to suspend the Beneficial Ownership Information (BOI) reporting requirement, a move he believes will benefit small businesses across the nation.

A $19 Secret to Potentially Life-Changing Gains - Ad

It predicted Trump's sweeping victory. And now, this pattern says a handful of niche-sectors are poised to surge as President Trump fuels America's economic boom. For only $19, you can see how millionaire-trader Jeff Clark has used this "Magic Pattern" for over 40 years to generate over 1,000 winning trade recommendations.

Oregon police investigate nighttime gunshots that shattered windows at a Tesla dealership

PORTLAND, Ore. (AP) — Police in Oregon said Thursday they are working with the FBI to investigate gunshots fired at a Tesla dealership overnight in the latest instance of vandalism at one of the company's retail stores.

Asia Markets Mixed, Europe Advances, Gold Gains 1.2% - Global Markets Today While US Slept

US markets closed higher on Friday, despite volatility and uncertainty over Ukraine. Asian markets also gained, while European shares neared record highs.

My No. 1 "Nuclear Renaissance" Stock Pick for 2025 - Ad

Bill Gates, Warren Buffett, Elon Musk, and Jeff Bezos Are "Silent Partners" on the Next Phase of A.I. One Little-Known 'Savior Stock' - trading at just $8 right now - Offers a Rare Opportunity to Profit in the NEXT A.I.

Warren Buffett's Unconventional Career Advice: 'Don't Save Your Passion For Later, It's Like Saving Up Sex For Your Old Age'

In a speech at the University of Georgia, billionaire Warren Buffett once gave a piece of unconventional career advice. He compared the strategy of building a perfect resume to "saving up sex for your old age."

Bitcoin Plunges As Consumer Confidence Falls: What's Driving Markets Tuesday?

Markets fell broadly Tuesday with the S&P 500 trading at five-week lows and the Nasdaq extending its three-day losing streak. The Dow Jones managed to recover midday while Wall Street digested a weaker-than-anticipated consumer confidence survey from the Conference Board, adding to concerns over the health of the U.S.

Why 21 Billionaires Are Moving Their Money ASAP - Ad

Nvidia is driving us head-on into the largest stock market collapse in history. On May 21, a special announcement will send a stock's reputation downward. This is why 21 legendary billionaires, including Warren Buffett, Tim Cook, and Jeff Bezos, are preparing ASAP.

Massive Losses For Crypto Traders As MELANIA Memecoin Plummets

A crypto trader has reportedly suffered a staggering loss of $15.68 million after trading the official memecoin of First Lady Melania Trump.

Why automakers' short reprieve from tariffs isn't enough to weather Trump's escalating trade war

DETROIT (AP) — President Donald Trump's short reprieve for U.S. automakers from stiff tariffs on imports from Mexico and Canada isn't likely to allow enough time for those companies to make the changes necessary to minimize the damage from Trump's intensifying trade war.

The Gold Shift No One's Talking About - Yet - Ad

Massive gold shipments are quietly moving from London to the U.S.--no headlines, no explanations. Could a full-scale audit or a new gold-backed system be coming? Smart money isn't waiting. My gold strategy is already doubling physical gold's returns this year.

Alibaba, Marvell Technology, Rigetti Computing, Broadcom, Tesla: Why These 5 Stocks Are On Investors' Radars Today

Wall Street closed higher on Wednesday as investors weighed mixed economic data and awaited former President Donald Trump's decision on possible tariffs. The S&P 500 rose 1.12% to 5,842.63.

Minnesota considers blocking 'nudify' apps that use AI to make explicit images without consent

ST. PAUL, Minn. (AP) — Molly Kelly was stunned to discover in June that someone she knew had used widely available to create highly realistic and sexually explicit videos and images of her, using family photos that were posted on social media.

"Breakout Trigger" Detected on Tiny AI Stock - Ad

Don't invest another dime in NVIDIA, Microsoft, Google, or any of the other big boys. This one has the potential to be 100x bigger than all those. We have reason to believe its share price could go ballistic in the coming days and weeks. Get our No 1 AI investment recommendation of the decade.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright markethundred.com
Privacy Policy | Terms of Service