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Midstream struggled in an otherwise strong week for the market, hurt by a court decision that rocked the Bakken while not offering much confidence for any midstream company seeking to develop energy infrastructure going forward. While the stock market grinded higher, led by growth stocks, utilities were flat and global listed infrastructure was negative, but both well outperformed midstream this week, this year and the last 5 years.
This week's pipeline news has the potential to be historically significant. A major pipeline development with commercial support was cancelled due to delays and costs, and another