Later On

A blog written for those whose interests more or less match mine.

A bad headline to see: “The Companies Behind the Dakota Access Pipeline Don’t Think They’ve Lost”

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The article by Daniel Gross appears in Slate:

n Sunday, the Army Corps of Engineers seemed to hand a victory to the Standing Rock Sioux and their fellow protesters, who have been campaigning to stop the construction of an oil pipeline in North Dakota. After delaying a decision on Nov. 14, a week after the election, the Army Corps has now said it won’t grant an easement for the pipeline to travel beneath a dammed portion of the Missouri River. The parties behind the Dakota Access Pipeline should look into alternative routes, the corps said.

But the saga is far from over. In fact, the reaction by the two companies constructing the pipeline, Energy Transfer Partners and Sunoco Logistics Partners, was telling. Dismissing the ruling as a “purely political action” that was part of the Obama administration’s desire to avoid making a final decision on the project, the companies insisted it would have no bearing on their plans whatsoever. They said they are “fully committed to ensuring that this vital project is brought to completion and fully expect to complete construction of the pipeline without any additional rerouting in and around Lake Oahe. Nothing this Administration has done today changes that in any way.”

In other words, the companies believe that they, not the government nor the Native American tribes whose land could be impacted by the pipeline, make the decision. They’ve deemed the ruling illegitimate because it was made by an administration with which they disagree, and they signaled they will move ahead regardless. Investors seem to agree. . .

Continue reading.

Written by LeisureGuy

5 December 2016 at 2:47 pm

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