Tag Archives: enbridge

Susan Rice’s Conflict of Interest – Major Holdings in Tar Sands Oil, Keystone XL Pipeline, and Canadian Financiers

By Michael Collins
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(Washington, DC 11/29) United Nations Ambassador Susan Rice will face serious and blatant conflicts of interest if nominated and confirmed as United States Secretary of State.  Rice has major financial interests in the company extracting oil from the Canadian tar sands, the company building the pipeline that will carry the oil across the U.S., and the Canadian banks financing this deadly project. (Image)

As Secretary of State, Rice would be responsible for the key recommendation to President Barack Obama on lifting the president’s ban on construction of the Keystone XL pipeline imposed in January.  She would make the decision knowing that there would be major impact on nearly one third of her (and her husband’s) investments. Continue reading

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1 vs. 99: Keystone XL seizes private US land for oil to China

Canadian oil firm sues to seize US land for Keystone XL oil headed to China

By Rady Ananda

The NYTimes reports that TransCanada, a Canadian oil company, promises to confiscate private land from South Dakota to the Gulf of Mexico, and has already filed nearly 60 lawsuits against private US citizens who refuse to allow the Keystone XL pipeline on their property, even though the controversial project has yet to receive federal approval.

“Randy Thompson, a cattle buyer in Nebraska, was informed that if he did not grant pipeline access to 80 of the 400 acres left to him by his mother along the Platte River, ‘Keystone will use eminent domain to acquire the easement.’”

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