September 29, 2016
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10:18Now PlayingA top North Dakota oil executive has a new take on how the Dakota Access Pipeline stalemate could be broken. Cenk Uygur and John Iadarola, hosts of The Young Turks, break it down. Tell us what you think in the comment section below.
"The chief executive of North Dakota's largest oil producer, Whiting Petroleum Corp, says the standoff over the $3.7 billion Dakota Access pipeline could be solved by giving economic opportunities, including supply and delivery contracts, to the Standing Rock Sioux and other Native Americans.
Thousands of protesters from all over the world have joined with the Sioux to oppose the pipeline, which would transport oil within half a mile of tribal land in North Dakota. Federal regulators temporarily blocked construction of the pipeline earlier this month under the Missouri River, mollifying opponents but irking the fossil fuel industry.
The Standing Rock Sioux say the pipeline's construction would destroy tribal burial sites. They also worry that any future leaks would pollute their water supply…
Jim Volker, Whiting's CEO, said those concerns would be best addressed through economic opportunities, including contracting with American Indian-owned firms for water hauling and other oilfield service needs across oil-producing regions.
"We as an industry like to see them provide those services," Volker said in an interview on the sidelines of the Independent Petroleum Association of America's OGIS conference in San Francisco.
"It does provide a better standard of living for them. It does provide a direct tie to the energy business and makes them and their.”*
Read more here
Hosts: Cenk Uygur, John Iadarola
Cast: Cenk Uygur, John Iadarola
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The Largest Online News Show in the World. Hosted by Cenk Uygur and Ana Kasparian. LIVE STREAMING weekdays 68pm ET.
Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. Young person who rebels against authority or societal expectations. (American Heritage Dictionary)
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