FOR IMMEDIATE RELEASE
Wednesday, October 10, 2018, 11:00 a.m. CT
Contact: Ed Fallon at (515) 238-6404 and [email protected] or Christine Nobiss at (319) 331-8034 and [email protected].
Inside source indicates second oil pipeline planned for Iowa
Credible source within oil industry says twinning of DAPL in the works
Des Moines, Iowa — Bold Iowa’s director, Ed Fallon, revealed today that, over the past week, he has had extensive contact with a highly credible source within the oil industry who informed him that Energy Transfer Partners (ETP) intends to build a second pipeline along the existing easement through North Dakota, South Dakota, Iowa, and Illinois.
“I’m by nature cautious and not inclined to believe claims that aren’t well founded,” said Fallon. “So, I spent close to three hours on the phone with the caller. I then did my own research and their claim adds up. Just as ETP was quiet about the first DAPL in 2014 — not letting the public know until it had bought off Iowa’s political establishment and had its other ducks in a row — ETP wants to keep this new line under wraps as long as possible so farmers, landowners, Indigenous communities, and other opponents have less time to respond and fight back.”
Fallon says his source’s information is supported by recent developments. A Jamestown Sun story two weeks ago indicated that the “Bakken Formation has reserves of 30 billion to 40 billion barrels of recoverable oil, or roughly four to five times more than the government’s latest estimate.”
On top of that, according to a Dallas News story out this week, “Growth in the Permian {Basin in West Texas} has, in fact, been shrinking, down almost every month this year, while declines in older wells are trending higher, according to the U.S. Energy Information Administration.”
“From ETP’s point of view, if you couple the economic realities that favor Bakken oil with the political reality that a change in leadership in Washington, DC is inevitable, it makes sense that ETP would want to move quickly and aggressively to expand its capacity significantly,” Fallon said.
Bold Iowa and Indigenous Iowa have worked as partners in opposition to the Dakota Access pipeline for over two years. “As we push back against the abuse of eminent domain, the acceleration of climate change, and the threat oil pipelines pose to our land and water, it’s essential that the voices of Iowa’s Indigenous leaders are heard and taken seriously,” concluded Fallon.
Indigenous Iowa raises awareness about the devastating effects that oil, gas, and coal have on the environment, particularly on Indigenous lands where government-backed corporate conglomerates practice predatory economics and exploit communities. Indigenous Iowa promotes the development and implementation of renewable energy through the worldview of Indigenous ideologies.
Bold Iowa builds rural-urban coalitions to fight climate change, prevent the abuse of eminent domain, protect Iowa’s soil, air and water, and promote non-industrial renewable energy.
# # #