Washington, DC–(ENEWSPF)–November 25, 2016
NYT:
Trump’s Stock in Oil Pipeline Company Raises Concern
WASHINGTON — President-elect Donald Trump holds stock in the company building the disputed Dakota Access oil pipeline, and pipeline opponents warn that Trump’s investments could affect any decision he makes on the $3.8 billion project as president.
Please read the whole article here. Of particular interest:
Rep. Raul Grijalva, D-Ariz., senior Democrat on the House Natural Resources Committee, called Trump’s investment in the pipeline company “disturbing” and said it fits a pattern evident in Trump’s transition team.
“You have climate (change) deniers, industry lobbyists and energy conglomerates involved in that process,” Grijalva said. “The pipeline companies are gleeful. This is pay-to-play at its rawest.”
Besides Trump, at least two possible candidates for energy secretary also could benefit from the pipeline. Oil billionaire Harold Hamm could ship oil from his company, Continental Resources, through the pipeline, while former Texas Gov. Rick Perry serves on the board of directors of Energy Transfer Partners.
Source: http://dailykos.com
