Standing Rock’s indigenous protest against Dakota Access Pipleine (DAP) soared to a new level Wednesday with an announcement that Los Angeles is showing it is standing in solidarity by protesting at Citibank, the key enabling funding institution for the Big Oil’s menacing pipeline.
Citibank and 16 other banks and financial institutions have extended a $3.75 billion credit line to Energy Transfer Partners, the parent company of Dakota Access.
“Citibank is the bank that’s been running the books on the project, and that’s the bank that beat the bushes and got other banks to join in… They have the largest share, and they’ve spearheaded the effort,” stated Hugh MacMillan of Food and Water Watch in an email.
Key Companies for the DAPL include Energy Transfer Partners, Marathon, Phillps 66, and Enbridge.
Having Los Angeles stand against the DAP is a major boost to the campaign to halt the Dakota Access Pipleine. LA rights defenders including Native Americans gathered recently for their first of what will be many actions to halt chemical genocide, they say.
“17 Banks and financial institutions have a combined investment in a $3.75 billion credit line to Energy Transfer Partners, the parent company of Dakota Access,” MacMillan said.
These 17 banks and financial institutions are:
- Bank of America,
- Goldman Sachs,
- BNP Paribas,
- Wells Fargo,
- Royal Bank of Scotland,
- Bank of Tokyo-Mitsubishi,
- Mizuho Bank,
- TD Securities,
- ABN AMRO Capital,
- DNB First Bank,
- ICBC London, S
- MBC Nikko Securities and Société Générale.
The link on the Solidarity Action Network Page to register for the protest at Citibank is: https://actionnetwork.org/events/water-is-life-los-angeles?source=email&referrer=lauren-steiner
Credits: Jahnny Lee Visuals/YouTube, Song: Tsodizin (Grandparent Song) by Kahara Hodges, Food and Water Watch
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