Trump plans to clear Keystone, Dakota Access pipelines-Bloomberg

Published 2017-01-24, 09:33 a/m
© Reuters.  Trump plans to clear Keystone, Dakota Access pipelines-Bloomberg
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Jan 24 (Reuters) - U.S. President Donald Trump plans to sign two executive actions on Tuesday to advance the building of the Keystone XL and Dakota Access pipelines, Bloomberg reported, citing a person familiar with the matter. (http://bloom.bg/2jNqrsb)

Former president Barack Obama rejected Transcanada Corp's TRP.TO Keystone XL oil pipeline in November 2015 after environmentalists campaigned against the project for more than seven years.

Energy Transfer Partners' ETP.N $3.8 billion Dakota Access Pipeline has also faced opposition.

Activists have spent months protesting plans to route the pipeline beneath a lake near a North Dakota Indian reservation, saying the project poses a threat to water resources and sacred Native American sites.

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