Trump owns stock in Dakota Access parent company | TheHill

Perhaps you’ve heard about the DAPL protests. If not, read up here and follow the #noDAPL hashtag on Twitter.

From The Hill:

The pipeline has been the subject of intense protests from Native American tribes and their supporters, who are concerned that it could endanger the local water supply and disrupt sacred land.

Kelcy Warren, the CEO of Energy Transfer Partners, told the AP that he believes Trump will help expedite the process, which has stalled under the Obama administration.

“Do I think it’s going to get easier? Of course,” Warren said. “If you’re in the infrastructure business, you need consistency. That’s where this process has gotten off track.”

During the election, Warren donated $3,000 to the Trump campaign, $66,800 to the Republican National Committee and $100,000 to a committee that backed Trump’s candidacy.

Source: Trump owns stock in Dakota Access parent company | TheHill

AP also notes (published at Bloomberg):

While Trump’s stake in the pipeline company is modest compared with his other assets, ethics experts say it’s among dozens of potential conflicts that could be resolved by placing his investments in a blind trust, a step Trump has resisted.

Source: Trump’s stock in Dakota access oil pipeline company raises concern

Image credit: Fibonacci Blue, via Flickr

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