DAPL Owner ETP Stock Plummets after Militarized Attack on Water Protectors; Journalist Says DAPL Not Done Drilling Under River; Are Claims that Pipeline Near Finished a Hoax to Boost Stock Prices?


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On February 22, 2017, at 930 am ET, Energy Transfer Partners (ETP) stock was worth $38.83 per share on the New York Stock Exchange. By noon on February 23rd, it had fallen to $37.53 – a 3.5% drop. As of Friday, it closed at $37.71.

Owner of the Dakota Access Pipeline, Energy Transfer Partners appears to have shot themselves in the foot, so to speak. The violent police attacks upon water protectors opposing the Dakota Access Pipeline appear to have negatively impacted their stock value. People find these abuses repulsive, and apparently increasingly don’t want to invest in this. Dakota Access may be misleading people regarding how far along they are. If true, this is probably in an attempt to boost their stock value.

Furthermore, according to Mary Schimke at Bakken dot com, Feb.24, 2017, the pipeline is not for US use, but for export: “Shale production will be used for export…” So, America’s water supply and freedom of speech is to be destroyed to provide energy for the exploding populations of foreign countries. How’s that making America great again? Worse, as discussed further below, the piping may be made, at least in part, by a company controlled by Russian oligarchs who have been tied to Putin, and probably still are. However, since they make rails for trains they would seemingly benefit either way from the Bakken oil.

Even the BBC (James Cook‏ ‪@BBCJamesCook‬ ) noted the police aggression and tweeted it out: “You broke my hip” screams Eric Poemz as he is arrested while live streaming at ‪#StandingRock‬ protest. Circa 2hr 57′ https://t.co/gdUnqCONuP https://twitter.com/i/web/status/834548582719975424

Are these claims a hoax by Energy Transfer Partners in order to boost ETP stock value? “Dakota Access estimates and targets that the pipeline will be complete and ready to flow oil anywhere between the week of March 6, 2017, and April 1, 2017,” company attorney William Scherman said in the documents filed in Washington, D.C., on Tuesday,” as cited in “Dakota Access pipeline could be operating within weeks Protesters cleared from main camp blocking last section of pipeline“, Feb 24, 2017 2:25 PM ET, http://www.cbc.ca/news/world/standing-rock-pipeline-project-1.3997990 Although the filings should be public domain in the US, in the age of Trump we apparently have to depend on the Canadian Broadcasting Corporation to find this information.

Journalist Eric Poemz, currently using an old style granny walker to get around after being tackled to the ground by police, informed people on Saturday that the ETP (Energy Transfer Partner’s) Dakota Access Pipeline is Not Done Drilling under the river. Not surprisingly, they have encountered problems, he says. While he credits prayer, at the bottom of our post there is a small extract of text from the USGS of some things which can go wrong. Rainfall and flooding has probably exacerbated problems, though some are crediting prayer for the rain. The military vehicles even got stuck in the mud and the police slipped and fell on their faces in it the day after Eric was attacked. Eric’s information is based on investigation of the site, he says in this video which is both inspiring and informative: http://youtu.be/ABpnAvEB4W4. He also explains that they stayed and stood in the road to help protect the elders who were still in camp, and that he’s still going to pray for the culprits and love them (this is what Jesus said BTW – love your enemies, pray for them that persecute you; ML King said an eye for an eye makes everyone blind).

Although they don’t say how they got the information, it should come as no surprise that between knowing the lay of the land – for some from the encampments; for others from a lifetime of living there – along with zoom lens, binoculars, etc., that they would be able to obtain information. The video obtained by Unicorn Riot from a distance and his ability to zoom in to small details was amazing.

Steve Horn of DeSmog Blog pointed out last week that the pipes appear to be made, at least in part, by Evraz: “Much of Dakota Access Pipeline Steel Made by Russian Company Tied to Putin” Sunday, February 19, 2017. Steve Horn discusses Roman Abramovich. RT news in a 15 Oct. 2013 article entitled “Still struggling in America: Russia’s largest steelmaker plans to close US plant” says that Abramovich heads Evraz. Abramovich, believed to Putin’s kingmaker, is not the only Russian oligarch involved with Evraz, however. Evraz is majority owned by Cyprus registered Lanebrook Ltd., which is owned by ROMAN ABRAMOVICH 31.03%, former Putin advisor ALEXANDER ABRAMOV 21.38% – meaning that together they control Lanebrook, which then controls Evraz. There is also ALEXANDER FROLOV (10.68%) who appears to be Czech – homeland to Ivanka’s mother – Trump’s first wife. Then there are Russian coal barons GENNADY KOZOVOY (5.90%) and ALEXANDER VAGIN (5.84%) https://en.wikipedia.org/wiki/Raspadskaya_coal_mine, along with Russian-American EUGENE SHVIDLER (3.09%) with ties to Abramovich and the Russian oil industry. Wilbur Ross, Trump Commerce Secretary Nominee, is vice-chair of the Bank of Cyprus, as well as having had involvement in steel and coal: https://en.wikipedia.org/wiki/Wilbur_Ross 51% control of one company, which in turn controls 51% of another, is an intelligent trick which the Russian government often uses to maintain control of their state owned companies. In an earlier DeSmog Blog article by Steve Horn and Itai Vardi (“How a Russian Steel Oligarch and Putin Ally Is Profiting from the Keystone XL Pipeline“, February 13, 2017) the ties between Abramovich and Ivanka Trump have been rooted out, as found in a tweet: “DASHA ZHUKOVA, wife of Russian industrialist billionaire ROMAN ABRAMOVICH, is here for inauguration. Guest of IVANKA, per source.https://twitter.com/JakeSherman/status/822182850132840449. Zhukova’s father is Russian oil magnate Alexander Zhukov, according to Steve Horn.

About the outrageous, unjustified, police violence

Some things which can go wrong from the EA
Note that the EA (Environmental Assessment) is not as complete as the EIS (Environmental Impact Statement), which should have been done in this instance. While Obama finally agreed to the EIS, Trump told them to move forward without it. This EA may have been written by the pipeline company (if we recall correctly).
Horizontal directional drilling is a technically advanced process. The detection of drilling fluid seepage prior to it occurring is highly dependent upon the skills and experience of the drilling crew. Each drilling situation is unique in that the behavior of the subsurface material is highly variable and can be difficult to predict. There is no in‐hole monitoring equipment that can detect drilling fluid seepage; therefore, a combination of factors such as those listed below must be properly interpreted to assess conditions that may have the potential of causing drilling fluid seepage.

A seep occurs when there is a failure to maintain pressure in the hole. The most obvious signs of a drilling fluid seepage are surface seepage or loss of circulation of the drilling fluid. One of the functions of the drilling fluid is to seal the hole to maintain the down hole pressure. The loss of returning drilling fluid is a sign that pressure is not being maintained in the drill hole and seepage is possibly occurring. If there is a reduction in the quantity of drilling fluid returning to the drill site (loss of circulation), this could be a warning sign. However, some loss of drilling fluid is also normal in the drilling process. During the drilling process, a loose sand or gravel layer may be encountered which would require additional drilling fluids to fill in the voids in the substrate. Consequently, drilling fluid loss itself is not an indication of a potential seepage condition. It is the loss of drilling fluid in combination with other factors that may indicate a potential seepage condition. For example, if there is a loss of drilling fluid and the return cuttings do not show a large quantity of gravel, then this could indicate a loss of containment pressure within the borehole. Once surface seepage of drilling fluid is detected, the drilling crew will take immediate corrective action. The primary factor causing the surface seepage to occur is pressure from the drilling fluid pumps. Therefore, the most direct corrective action is to stop the rig pumps. By stopping the pumps, the pressure in the hole will quickly bleed off. With no pressure in the hole, the surface seepage will stop. Stopping the pumps will be done as soon as surface seepage is detected or if such seepage is suspected.

There is a greater potential for drilling fluid seepage at the entry and exit locations of the crossing, due to shallow profile depth and loose near-surface soils. In the contingency planning for the pipeline crossing, drilling fluid seepage at the entry and exit locations has been considered, and preventative actions have been developed. The entry and exit locations have dry land segments where drilling fluid seepage can be easily detected and contained. To isolate and contain potential drilling fluid seepage at the drill site, a berm can be constructed around the drilling site to isolate it from the Project. Straw bales or silt fence can also be part of the berm on the waterside of the drilling area. To contain and control drilling fluid seepage on land, there will be earth moving equipment, portable pumps, sandbags, and straw bales available on site. Any drilling fluid seepage will first be contained and isolated using dirt berms; straw bales, or silt fencing. The area will then be immediately cleaned up using vacuum trucks, and the drilling fluid will be hauled to the closest drilling site. In the event of seepage on land, it may only be necessary to reduce the down hole pressure to ensure containment of the fluid. Upon containment and establishment of controls to contain further seepage, down hole pressure may be increased to original levels at the discretion of Precision and the drill crew. The location of the seepage will be monitored for any significant condition changes.

After the drilling fluid seepage has been contained, Precision will make every effort to determine why the seepage occurred. Once Precision and the drill crew have determined the cause of the seepage, measures will be developed to control the factors causing the seepage and to minimize the chance of recurrence. Developing the corrective measure will be a joint effort of the drilling crew and will be site and problem specific.

In some cases, the corrective measure may involve a determination that the existing borehole encountered a void that could be bypassed with a slight change in the profile. In other cases, it may be determined that the existing hole encountered a zone of unsatisfactory soil material and the hole would then have to be abandoned. If the hole is abandoned, it can be filled with drilling slurry (bentonite).“”Environmental Assessment – Dakota Access Pipeline Project, Illinois -August 2016”