The Investors in the Dakota Access Pipeline

In August 2016, EEP announced that it had formed a joint venture with MPC in the Dakota Access Pipeline.

Source: Must-Know: Which Companies Own the Dakota Access Pipeline? – Market Realist

This infographic shows who the investors in the Dakota Access Pipeline are, and what companies are involved in this environmental tragedy.  The Dakota Access Pipeline threatens the safety and tribal sovereignty of the Standing Rock Sioux, and these companies should be considered to be enemies of not only the Sioux Nation but all of us.

Please use this information wisely and effectively.  One suggestion I might have is to stage a boycott against these companies.  Even though boycotts are a strategy that was used in the 60s and many people don’t seem to have the patience to go without a particular product, I believe that boycotts can be an effective tool to affect social change.  We must all do everything we can to curtail the profits from the Dakota Access Pipeline.  One strategy that seems to be having some effect is the movement towards pressuring various banks into divesting themselves of interest in the Dakota Access Pipeline.

After looking at this infographic, I can see that the Marathon oil company is one of the investors.  Marathon is a common brand of gasoline in various parts of the country.  Perhaps you could try boycotting Marathon and use another brand of gasoline for your car. Just an idea!

These investors in the Dakota Access Pipeline should be considered as enemies of the people.  They stand to profit, while the rest of us lose.

 

Citibank

17 Banks Funding the Dakota Access Pipeline“. YES! Magazine. Retrieved 2017-02-15.  “Who Is Funding the Dakota Access Pipeline? Bank of America, HSBC
Dakota Access Pipeline protests

The Dakota Access Pipeline protests, also known by the hashtag #NoDAPL, are grassroots movements that began in early 2016 in reaction to the approved construction

 

 

 

The Bakken Shale: Fracking in North Dakota

Lately, we have been hearing a lot about the Dakota Access Pipeline, mostly about the negative affect it will have on the Standing Rock Sioux tribe, but most people don’t know anything about its relationship to the Bakken oil field in North Dakota.

The Bakken Shale: Fracking in North Dakota

We have heard a lot about the Dakota Access Pipeline, mostly about the over the effect it will have on the Standing Rock Sioux tribe, but most people don’t know anything about its relationship to the Bakken Oil Field in North Dakota.  It is important to understand the relationship between the two.

For the past several years, there has been an oil boom happening in the state of North Dakota.  This oil boom is because of oil that was discovered in what is called the Bakken Shale, or the Bakken Shale formation.  The Bakken Shale formation is a large deposit of shale containing oil that is in eastern Shale Montana, Western North Dakota, and part of Saskatchewan, in Canada.

Even though the so-called Bakken oil boom has the potential to create jobs and puts more revenue into the economy of North Dakota, it also poses a significant threat to the environment of that region.  To mention that the oil produced in the Bakken Shale formation will create a necessity to lay a pipeline to help transportation of this oil to where it can be refined into different products.  The Dakota Access Pipeline is being built to carriers oil from the Bakken Shale Formation.

As we know, this pipeline threatens the water supply of the Standing Rock Sioux tribe, and other people living in that particular region because it will be necessary to build this pipeline under the Missouri River, upon which many depend on for their water supply.  Also, this pipeline will also pose a threat to the underground aquifer that is also the supply of a significant amount of water to this region.

To produce oil from the Bakken Shale, it will be necessary for the oil companies to use the controversial and environmentally dangerous technique known as hydraulic fracturing, or just known as fracking.

There has been a huge controversy over fracking, to the point where it has been banned in a couple of states and is the source of large-scale protest across the nation.

Fracking has proven itself to be harmful because it requires the consumption of massive quantities of water and the use of many toxic chemicals, which are pumped underground to force oil from the Bakken Shale.  The use of fracking is a major reason that environmentalists are opposed to further development of the Bakken oil field.

At a time when our nation is trying to end its dependency on fossil fuels, such as petroleum and coal, further developing the Bakken oil field flies in the face of our need to divorce ourselves from fossil fuels.

 

THE DEATH OF THE BAKKEN FIELD HAS BEGUN: Big Trouble For …

Sep 17, 2016 Rune Likvern of Fractional Flow has done a wonderful job providing data on the Bakken Shale Oil Field. Here is his excellent chart showing the …
Bakken Shale News, Wells, Formation, Markets and Resources: Oil …

Bakken Shale Image The Bakken shale is primarily an oil play. It straddles the US border with Canada and runs through two states – North Dakota and Montana …

 

The Obama Administration and the Bakken Oil Field

The environmental policy of the Obama administration has always been a mystery to me.

The Obama Administration And the Bakken Oil Field

Bakken oil fieldThe environmental policy of the Obama administration has always been a mystery to me.  On the one hand, the president says that we must end our dependency on fossil fuels, particularly oil and natural gas, yet when it comes to controversial issues like the Bakken oil field, President Obama takes no position on this controversial subject.  This issue begs the question for President Obama, “do you mean what you say or are you just trying to be politically expedient.”

By remaining silent on the issue of exploiting the oil contained in the Bakken oil field, it makes one wonder if President Obama is genuine in his environmental policy.  Why he doesn’t recognize the dangers of oil companies being allowed to have their way on Bakken oil field production is beyond me.  More than that, why doesn’t President Obama get more involved on the issue of this oil field, in North Dakota?

natural-vs-human-enhanced-greenhouse-effectThe Obama administration has always taken a firm position against any further production of greenhouse gasses that causes global warming, yet he says nothing about a major source of greenhouse gasses, fracking.  Fracking is a dangerous practice that is being used extensively in Bakken oil production, primarily because the oil companies are taking the oil from an area known as the Bakken formation, a vast area of shale known as Bakken Shale.  This area is particularly environmentally sensitive because of a large aquifer, or water table, exists under the Bakken oil field.  This aquifer supplies the drinking water for the people living in this area.  The fracking process being used to extract the oil endangers this water supply.r

If the Obama administration is serious about its environmental position, why does is allow the extensive fracking in North Dakota to continue?  The major question for me is, “is the president sincere about his wish to slow down the production of greenhouse gasses, or is he just paying this crucial issue more lip service?”

 

Bakken oil field is causing a rise in air pollution, study says …

Apr 29, 2016 WASHINGTON — An oil and natural gas field in the western United States is largely responsible for a global uptick of the air pollutant ethane, …

The New Oil Landscape – Pictures, More From National Geographic …

The fracking frenzy in North Dakota has boosted the U.S. fuel supply–but at what cost?