Quote:
Originally Posted by TheHip41
he is/was an equity investor, don't know if he still is
its still a conflict on interest. not surprising this happened.
This is what the BBC website says:
Who would the pipeline benefit?
The pipeline would benefit oil companies, shareholders and local governments. Dakota Access says the project will create between 8,000-12,000 jobs and generate $55m in annual property taxes.
The project could also be advantageous to President-elect Donald Trump, who has had stocks in Texas-based Energy Transfer Partners, the Dakota Access builder, and Phillips 66, which owns one-quarter of the pipeline.
Mr Trump, who supports the project, denies his policy is based on any financial interest.
Campaign finance records also show that Kelcy Warren, the CEO of Energy Transfer Partners, donated more than $100,000 (£80,437) to Mr Trump's presidential campaign.
Farmers could also benefit. North Dakota's crude oil is currently shipped out by train which has caused congestion and rail delays, slowing the shipment of grain and increasing grain prices.