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Tue Dec 6, 2016, 12:40 AM

Trump Sells his stake in Dakota Access Pipeline developer


" Donald Trump has sold his entire stake in Energy Transfer Partners, the company overseeing construction of the controversial Dakota Access Pipeline, a Trump spokeswoman told NBC News.

Trump's shares of the company created a possible conflict of interest for the president-elect, as his administration may determine the project's fate amid ongoing protests from Native Americans and climate activists. Trump has supported the 1,172-mile pipeline and broader efforts to produce more fossil fuels in the United States.

On Sunday, the Army Corp of Engineers denied a federal permit for the project needed for a segment of the pipeline. Trump's administration could still approve it. "

"Trump spokeswoman Hope Hicks did not say if he also sold his shares of Phillips 66, which has a smaller investment in the project. "

http://www.cnbc.com/2016/12/05/trump-sells-his-stake-in-dakota-access-pipeline-developer.html


Not sure what this move mean as to the future ........ if anything ........

Just wanted to pass on article

12 replies, 3684 views

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Arrow 12 replies Author Time Post
Reply Trump Sells his stake in Dakota Access Pipeline developer (Original post)
Kathy M Dec 2016 OP
Cha Dec 2016 #1
Maru Kitteh Dec 2016 #2
Cha Dec 2016 #7
Maru Kitteh Dec 2016 #8
Cha Dec 2016 #11
Kathy M Dec 2016 #10
onecaliberal Dec 2016 #3
Kathy M Dec 2016 #5
onecaliberal Dec 2016 #9
MurrayDelph Dec 2016 #4
Kathy M Dec 2016 #6
Moliere Dec 2016 #12

Response to Kathy M (Original post)

Tue Dec 6, 2016, 12:43 AM

1. Thanks Kathy.. I'm guessing it means

they don't want a big brouhaha of a conflict of interest when he goes against the Standing Rock Sioux Tribe and ruins their land.

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Response to Cha (Reply #1)

Tue Dec 6, 2016, 12:51 AM

2. unfortunately, I concur

This will be some of the first of the red meat for his racist white base.

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Response to Maru Kitteh (Reply #2)

Tue Dec 6, 2016, 01:13 AM

7. :(



At the least the Native Americans know who their friends are, Maru~And, we won't give up.

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Response to Cha (Reply #7)

Tue Dec 6, 2016, 01:17 AM

8. No we won't give up Cha



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Response to Maru Kitteh (Reply #8)

Tue Dec 6, 2016, 02:25 AM

11. Stronger Together never made more sense!

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Response to Cha (Reply #1)

Tue Dec 6, 2016, 02:07 AM

10. unfortunately Trump probably will go agaisnt Standing Rock Sioux .......... :(

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Response to Kathy M (Original post)

Tue Dec 6, 2016, 12:51 AM

3. I really don't believe that. Where is the proof. We haven't seen the tax returns either

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Response to onecaliberal (Reply #3)

Tue Dec 6, 2016, 01:04 AM

5. True ... Too many unkown things that should be out in the open .....

When I read article earlier , I thought now ? and trump is selling it himself ?

That is why I said I was not sure what to make of this for future ....

Does not sound like whole story is being reported .............

Wish they would continue or start back up about releasing taxes daily .....

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Response to Kathy M (Reply #5)

Tue Dec 6, 2016, 02:05 AM

9. Agree on all counts.

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Response to Kathy M (Original post)

Tue Dec 6, 2016, 12:58 AM

4. The article doesn't say

if he sold his shares back to the company, on the open market, or to his children.

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Response to MurrayDelph (Reply #4)

Tue Dec 6, 2016, 01:06 AM

6. Agree ... said a bit ago does not sound like the whole

story being reported ........

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Response to Kathy M (Original post)

Tue Dec 6, 2016, 05:57 AM

12. This irrelevant

So he sold a few hundred thousand dollars in shares so he can approve it and get 10x that money through other channels. This is why his COI are so huge, he cannot just divest without selling everything

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