Black Snake Bleeding Out: How DAPL Is Duping Investors
By Anthony Karefa Rogers-Wright for The Leap. The Dakota Access pipeline (DAPL) is yet another violent variable in the equation of environmental racism that plagues the United States, and the world—to the peril of Indigenous and low-wealth communities of color everywhere.
Native lands, water, sacred sites, and sovereignty have been sacrificed to “spare” majority white areas north of Bismarck, North Dakota from the myriad risks of this pipeline. Now, in what can only be characterized as abject avarice, Energy Transfer Partners (ETP)—the principal corporation behind DAPL—is pushing for expedited completion of the project, despite the fact that their major investors and stockholders inevitably stand to lose a significant amount of money.
That’s because the Army Corps of Engineers, the key federal agency responsible for DAPL, announced on December 4th that they are denying a critical easement and associated permit required for the pipeline to cross Lake Oahe, pending further environmental analysis. The financial implications of this decision are both far reaching and profound, and may signal the death knell of DAPL.