Stand With Standing Rock

Stand With Standing Rock: Divest all funds from banks that support the North Dakota DAPL Pipeline 

In my blogs, I have discussed a lot about how water is important to Native Americans. But I have yet to discuss how YOU can help divest the pipeline from afar. Many of us see through social media and other outlets of the injustices happening in North Dakota. Re-sharing information through social media can only do so little. By divesting in banks that are funding the pipeline, you are saying you will not stand idly by and watch Native Americans get seriously injured by non-lethal weapons, you want water for your children, and you stand against the oppression of Native Americans. I’ve listed the companies that are in charge of the pipeline and the banks that are also invested. Say you stand with Standing Rock by closing your bank account and joining a credit union. Challenge your friends and let’s make this a thing!
#ExitBankChallenge: Close your bank account (if you have an account with any of the banks below), and take a picture with a sign that reads #ExitBankChallenge in front of your former bank. Tag 3 friends and let’s make this a thing!

The Companies:

Dakota Access, LLC: Responsible for developing the pipeline. ($2.5 billion project-level loans from 17 banks)

Energy Transfer Partners, L.P. (ETP): Dakota Access, LLC and Sunoco Logistics Paterns are subsidiaries of Energy Transfer Partners. ($3.75 billion revolving credit from 26 banks)

Energy Transfer Equity (ETE): Is a master limited partnership that owns the general partner and 100% of the incentive distribution rights of ETP and SXL. ETE owns and operates about 71,000 miles of natural gas and crude oil pipelines. ($1.5 billion revolving credit from 26 banks)

Sunoco Logistics Partners (SXL): Is a subsidiary of ETP that will be the future operator of the pipeline. SXL has spilled crude more often than any of its competitors with more than 200 leaks since 2010, according to a Reuters analysis. ($2.5 billion revolving credit from 24 banks)

The Banks:

•          Bank of Nova Scotia: $100 million (Sunoco Logistics)
•         Citizens Bank: $72.5 million (Sunoco Logistics)
• ·         Comerica Bank: $72.5 million (Sunoco Logistics)
• ·         US Bank: $275 million (Sunoco Logistics) (Energy Transfer Partners)
• ·         PNC Bank: $270 million (Sunoco Logistics)  (Energy Transfer Partners) (Energy Transfer Equity)
• ·         Barclays: $370.5 million (Sunoco Logistics)  (Energy Transfer Partners) (Energy Transfer Equity)
• ·         JP Morgan Chase: $312.5 million (Sunoco Logistics)  (Energy Transfer Partners) (Energy Transfer Equity)
• ·         Bank of America: $350.5 million (Sunoco Logistics)  (Energy Transfer Partners) (Energy Transfer Equity)
• ·         Deutsche Bank: $275.5 million (Sunoco Logistics)  (Energy Transfer Partners) (Energy Transfer Equity)
• ·         Compass Bank: $340.5 million (Sunoco Logistics)  (Energy Transfer Partners) (Energy Transfer Equity)
• ·         Credit Suisse: $340.5 million (Sunoco Logistics)  (Energy Transfer Partners) (Energy Transfer Equity)
• ·         DNB Capital/ASA: $340.5 million (Sunoco Logistics)  (Energy Transfer Partners) (Energy Transfer Equity)
• ·         Sumitomo Mitsui Bank: $265.5 million (Sunoco Logistics)  (Energy Transfer Partners) (Energy Transfer Equity)
• ·         Royal Bank of Canada: $340.5 million (Sunoco Logistics)  (Energy Transfer Partners) (Energy Transfer Equity)
• ·         UBS: $336.4 million (Sunoco Logistics)  (Energy Transfer Partners) (Energy Transfer Equity)
• ·         Goldman Sachs: $243.9 million (Sunoco Logistics)  (Energy Transfer Partners) (Energy Transfer Equity)
• ·         Morgan Stanley: $225.1 million (Sunoco Logistics)  (Energy Transfer Partners) (Energy Transfer Equity)
• ·         Community Trust: $30 million  (Energy Transfer Partners)
• ·         HSBC Bank: $189 million  (Energy Transfer Partners) (Energy Transfer Equity)
• ·         Wells Fargo: $467 million (Sunoco Logistics)  (Energy Transfer Partners) (Energy Transfer Equity) (Dakota Access)
• ·         BNP Paribas: $444.5 million (Sunoco Logistics)  (Energy Transfer Partners) (Energy Transfer Equity) (Dakota Access)
• ·         SunTrust: $435 million (Sunoco Logistics)  (Energy Transfer Partners) (Energy Transfer Equity) (Dakota Access)
• ·         Royal Bank of Scotland: $250.5 million  (Energy Transfer Partners) (Energy Transfer Equity)
• ·         Bank of Tokyo Mitsubishi UFJ: $548 million (Sunoco Logistics)  (Energy Transfer Partners) (Energy Transfer Equity) (Dakota Access)
• ·         Mizuho Bank: $589.5 million (Sunoco Logistics)  (Energy Transfer Partners) (Energy Transfer Equity) (Dakota Access)
• ·         Citibank: $521.8 million (Sunoco Logistics)  (Energy Transfer Partners) (Energy Transfer Equity) (Dakota Access)
• ·         TD Securities: $365 million (Sunoco Logistics) (Dakota Access)
• ·         ABN Amro Capital: $45 million (Energy Transfer Equity)
• ·         Credit Agricole: $344.5 million  (Energy Transfer Partners) (Energy Transfer Equity) (Dakota Access)
• ·         Intesa Sanpaolo: $339 million (Energy Transfer Partners) (Energy Transfer Equity) (Dakota Access)
• ·         ING Bank: $248.3 milllion  (Energy Transfer Partners) (Energy Transfer Equity) (Dakota Access)
• ·         Natixis: $180 million (Energy Transfer Equity) (Dakota Access)
• ·         BayernLB: $120 million (Dakota Access)
• ·         BBVA Securities: $120 million (Dakota Access)
• ·         DNB First Bank: $120 million (Dakota Access)
• ·         ICBC London: $120 million (Dakota Access)
• ·         SMBC Nikko Securities: $120 million (Dakota Access)
• ·         Societe Generale: $120 million (Dakota Access)

We do not inherit the earth from our ancestors,
 we borrow it from our children..