Old_Trapper70
Well-Known Member
- Joined
- Dec 17, 2014
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Today Trump signed a pair of executive orders to enable Keystone, and DAPL, to go ahead with their building of the pipelines. IMO, this answers the question as to whether, or not, Trump will allow his personal financial well being to affect his decisions:
https://www.bloomberg.com/politics/...-stock-in-oil-pipeline-company-raises-concern
"Concern about Trump's possible conflicts comes amid protests that unfold daily along the proposed pipeline route. The dispute over the route has intensified in recent weeks, with total arrests since August rising to 528. A recent clash near the main protest camp in North Dakota left a police officer and several protesters injured.
Trump's most recent federal disclosure forms, filed in May, show he owned between $15,000 and $50,000 in stock in Texas-based Energy Transfer Partners. That's down from between $500,000 and $1 million a year earlier.
Trump also owns between $100,000 and $250,000 in Phillips 66, which has a one-quarter share of Dakota Access.
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.
The Obama administration said this month it wants more study and tribal input before deciding whether to allow the partially built pipeline to cross under a Missouri River reservoir in North Dakota.
The 1,200-mile pipeline would carry oil across four states to a shipping point in Illinois. The project has been held up while the Army Corps of Engineers consults with the Standing Rock Sioux, who believe the project could harm the tribe's drinking water and Native American cultural sites.
The delay raises the likelihood that a final decision will be made by Trump, a pipeline supporter who has vowed to "unleash" unfettered production of oil and gas. He takes office in January."
http://www.politico.com/story/2017/...vance-keystone-dakota-access-pipelines-234095
"President Donald Trump signed executive actions on Tuesday to advance the Keystone XL and Dakota Access oil pipelines, reversing decisions made by the Obama administration and setting off a clash with Democrats and environmental activists who vehemently oppose the projects.
Trump said that approving the cross-border oil line would be “subject to a renegotiation of terms by us,” comments that suggest that he plans to revive his campaign-trail bid to claim “a piece of the profits” from the pipeline for U.S. taxpayers — a legally and politically risky proposal."
https://www.bloomberg.com/politics/...-stock-in-oil-pipeline-company-raises-concern
"Concern about Trump's possible conflicts comes amid protests that unfold daily along the proposed pipeline route. The dispute over the route has intensified in recent weeks, with total arrests since August rising to 528. A recent clash near the main protest camp in North Dakota left a police officer and several protesters injured.
Trump's most recent federal disclosure forms, filed in May, show he owned between $15,000 and $50,000 in stock in Texas-based Energy Transfer Partners. That's down from between $500,000 and $1 million a year earlier.
Trump also owns between $100,000 and $250,000 in Phillips 66, which has a one-quarter share of Dakota Access.
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.
The Obama administration said this month it wants more study and tribal input before deciding whether to allow the partially built pipeline to cross under a Missouri River reservoir in North Dakota.
The 1,200-mile pipeline would carry oil across four states to a shipping point in Illinois. The project has been held up while the Army Corps of Engineers consults with the Standing Rock Sioux, who believe the project could harm the tribe's drinking water and Native American cultural sites.
The delay raises the likelihood that a final decision will be made by Trump, a pipeline supporter who has vowed to "unleash" unfettered production of oil and gas. He takes office in January."
http://www.politico.com/story/2017/...vance-keystone-dakota-access-pipelines-234095
"President Donald Trump signed executive actions on Tuesday to advance the Keystone XL and Dakota Access oil pipelines, reversing decisions made by the Obama administration and setting off a clash with Democrats and environmental activists who vehemently oppose the projects.
Trump said that approving the cross-border oil line would be “subject to a renegotiation of terms by us,” comments that suggest that he plans to revive his campaign-trail bid to claim “a piece of the profits” from the pipeline for U.S. taxpayers — a legally and politically risky proposal."
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