Trump Owns Stake In Hotly Disputed $3.8 Billion Oil Pipeline, Conflict Of Interest Looms |
November 27, 2016 | November 2016 Bond Updates |
Activists of the Dakota Access Pipeline say they will deny a federal order to leave the land they are protesting on. The $3.8 billion pipeline is earmarked to transport 470,000 barrels per day of crude from Bakken oil fields to refineries and markets in the Midwest, East Coast and Gulf Coast. But there's a wrinkle for Donald Trump. The president-elect has holdings in the pipeline and will likely be forced to make a decision over its fate after he becomes president in January. |
View more at: http://www.forbes.com/sites/timdaiss/2016/11/26/trump-owns-stake-in-hotly-disputed-3-8-billion-oil-pipeline-conflict-of-interest-looms/ |
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