Trump's stock in contentious Dakota Access pipeline company raises concern - News Summed Up

Trump's stock in contentious Dakota Access pipeline company raises concern


President-elect Donald Trump holds stock in the company building the disputed Dakota Access oil pipeline, and pipeline opponents fear his investments could affect any decision he makes on the $3.8-billion project. Trump's 2016 federal disclosure forms show he owned between $15,000 and $50,000 in stock in Texas-based Energy Transfer Partners. Arizona Representative Raul Grijalva, 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. 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: CBC News November 25, 2016 16:41 UTC



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