Tuesday, November 22, 2016

SCANDAL : TRUMP AND THE DAKOTA ACCESS PIPELINE

So Trump has a stake in the Dakota Access pipeline.

Impeachment, anyone?

Or because it's Trump he can do whatever he wants?

The incoming Donald Trump administration will ensure the completion of the controversial Dakota Access Pipeline in North Dakota, the pipeline company's CEO told NBC News in an interview Friday.

"I'm 100 percent sure that the pipeline will be approved by a Trump administration," CEO Kelcy Warren of Energy Transfer Partners — the Dallas-based company funding the $3.7 billion project — told NBC News. "I believe we will have a government in place that believes in energy infrastructure."

Warren said he had not spoken to the President-elect to understand his position on the pipeline, which has galvanized opposition globally for months, and Warren denied any prior contact with the Trump campaign.

[source : What Will a Trump Presidency Mean for the Dakota Access Pipeline?, NBC News, http://www.nbcnews.com/storyline/dakota-pipeline-protests/what-will-trump-presidency-mean-dakota-access-pipeline-n682746, 12th November 2016]

But there has been significant contact between Warren and Trump's campaign.

Donald Trump’s close financial ties to Energy Transfer Partners, operators of the controversial Dakota Access oil pipeline, have been laid bare, with the presidential candidate invested in the company and receiving more than $100,000 in campaign contributions from its chief executive.

Trump’s financial disclosure forms show the Republican nominee has between $500,000 and $1m invested in Energy Transfer Partners, with a further $500,000 to $1m holding in Phillips 66, which will have a 25% stake in the Dakota Access project once completed. The information was disclosed in Trump’s monthly filings to the Federal Election Commission, which requires candidates to disclose their campaign finance information on a regular basis.

The financial relationship runs both ways. Kelcy Warren, chief executive of Energy Transfer Partners, has given $103,000 to elect Trump and handed over a further $66,800 to the Republican National Committee since the property developer secured the GOP’s presidential nomination.

On 29 June, Warren made $3,000 in donations to Trump’s presidential campaign.



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