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Goodbye DAPL: US Bank Will Cease to Fund Oil/Gas Pipelines

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NoDapl Protectors Dangle from the ceiling at the Vikings Bears game, January 1, 2017. Adam Bettcher – Getty Images

US Bank releases new guidelines that are indigenous people friendly

No more Dakota Access Pipelines (DAPL) for U.S. Bank.

The giant bancorporation has just amended its Environmental Responsibility Policy to ban funding oil and gas pipelines.

According to its new guidelines, “The company does not provide project financing for the construction of oil or natural gas pipelines. Relationships with clients in the oil and gas pipeline industries are subject to the Bank’s enhanced due diligence processes.”

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