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Money Talks: Divest all funds from banks supporting the Dakota Access Pipeline (DAPL) project 

Click here to sign the petition

Click here to download and print the Resolution to bring to your bank

LPLP Resolution Language:

WHEREAS, the Dakota Access Pipeline project has been decried by more than one hundred tribes and organizations across the country as a dangerous project that has already destroyed Lakota sacred places and will endanger water for the people of Standing Rock and 17 million others living downstream the Missouri River;

WHEREAS, the future operator of the Dakota Access Pipeline, Sunoco Logistics Partners, has spilled crude more often than any of its competitors with more than 200 leaks since 2010;

WHEREAS, the DAPL violates several federal laws including the 1868 Fort Laramie Treaty, the Pipeline Safety Act and Clean Water Act, the National Environmental Policy Act, Executive Order 13007 on Protection of Sacred Sites, and Executive Order 12898 on Environmental Justice;

WHEREAS, 38 banks are directly supporting the companies building the pipeline, totaling $10.25 billion in loans and credit facilities;

WHEREAS, people of this earth have responsibilities to care for ecological systems, waters and forms of life in perpetuity for the benefit of future generations;

THEREFORE, I/we am/are urgently calling on the banks funding the Dakota Access Pipeline to defund the pipeline. I/we am/are exploring alternative banks in the event that my current bank, which is funding the DAPL, decides to not divest. I/we will not support a bank that is engaged with corporations that seek to endanger planet earth and its inhabitants.

Water is Life, don’t sit idle, Stand with Water Protectors.

Click here to sign the petition

Click here to download and print the Resolution to bring to your bank

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)