What the Trump Victory Means For Standing Rock

Less than 12 hours after Donald Trump walked onto a New York City stage as the newly elected president, the stock price for Energy Transfer Equity shot up 15 percent. Among that company’s holdings is Energy Transfer Partners, operator of the controversial Dakota Access pipeline. Protesters near the Standing Rock Sioux Reservation continue to fight completion of the $3.8 billion project. But the jump in share price indicates an immediate pro-energy confidence in Trump.

And that confidence is not unfounded.

In Bismarck, North Dakota, Donald Trump gave a speech in May that would help secure his seat as America’s 45th president. The candidate was lagging 30 delegates to become the Republican nominee. His decision to address oil entrepreneurs in North Dakota was political strategy. At a petroleum conference, Trump introduced his energy plan for the first time: more fossil fuels, fewer regulations, and a vow to undo many of President Obama’s climate initiatives. Trump would meet the required 1,237-delegate threshold to go on and win the presidency, a startling upset for an outsider who has disrupted the political establishment.

https://www.countercurrents.org/2016/11/13/what-the-trump-victory-means-for-standing-rock/