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House Democrats urge banks to not fund drilling in Arctic refuge
The Hill ^ | 02 20 2020 | Rachel Frazin

Posted on 02/20/2020 10:59:42 AM PST by yesthatjallen

Dozens of House Democrats are urging several major banks not to fund oil drilling and development in the Arctic National Wildlife Refuge (ANWR), following a similar push by Senate Democrats.

A group of 33 Democratic lawmakers signed a letter spearheaded by Rep. Jared Huffman (D-Calif.) urging the CEOs of JPMorgan Chase, Wells Fargo, Citigroup, Bank of America and Morgan Stanley to stop funding such drilling in the refuge.

The letter was sent Thursday and follows an announcement from Goldman Sachs that it would prohibit financing for new drilling or oil exploration in the Arctic, including in the refuge.

"Roads, pipelines, gravel mines, airstrips, and other facilities that would be developed to support exploration and development on the coastal plain would fragment habitat, displace wildlife, and undermine the wilderness character of the Refuge. Millions of gallons of fresh water needed to support drilling activities could be drained from fragile Arctic rivers. And oil spills, which already occur on the North Slope, would harm fish and wildlife," the lawmakers wrote.

SNIP

(Excerpt) Read more at thehill.com ...


TOPICS: News/Current Events; US: Alaska
KEYWORDS: alaska; articrefuge; oil; trump
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Evidence Trump is unstoppable.

Since Democrats can't stop Trump they're going after banks.

1 posted on 02/20/2020 10:59:42 AM PST by yesthatjallen
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To: yesthatjallen

Drillers, et al. Pull your accounts and move them to regional banks and local banks let’s see how the big banks react to that


2 posted on 02/20/2020 11:01:12 AM PST by A_Former_Democrat (Guns up . . . We cominÂ’ PS: Eric The Blower CIAramella. PASS IT ON)
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To: yesthatjallen

How do the Dems think banks make their money....by putting in under a mattress?


3 posted on 02/20/2020 11:01:29 AM PST by Sacajaweau
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To: yesthatjallen

Don’t need banks......................


4 posted on 02/20/2020 11:02:21 AM PST by Red Badger (If people were to God like dogs are to people, the world would be a really great place..............)
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To: yesthatjallen

Essentially its blackmail.

The unspoken part is “or you’ll have hell to pay the next time we get back into power”.


5 posted on 02/20/2020 11:03:01 AM PST by Buckeye McFrog (Patrick Henry would have been an anti-vaxxer)
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To: yesthatjallen

This would make a great political ad against each of these Dems.

Start the ad reminiscing about our past dependence of Arab oil. Then show our success under Trump for finally getting that independence. Then show the Dem wanting to go back under Arab control of our energy needs.


6 posted on 02/20/2020 11:09:12 AM PST by aimhigh (THIS is His commandment . . . . 1 John 3:23)
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To: yesthatjallen

the left are weaponizing banks against customers-

Can you imagine the left if banks denied services to people that hold democratic ideals? They would be screaming about violating the constitution or something-


7 posted on 02/20/2020 11:09:32 AM PST by Bob434
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To: yesthatjallen

Time to open the “2nd Amendment Fracking Bank and Trust.”


8 posted on 02/20/2020 11:12:41 AM PST by rktman ( #My2ndAmend! ----- Enlisted in the Navy in '67 to protect folks rights to strip my rights. WTH?)
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To: yesthatjallen
The letter was sent Thursday and follows an announcement from Goldman Sachs that it would prohibit financing for new drilling or oil exploration in the Arctic, including in the refuge.

If the big guys eschew funding large, profitable projects because the greenies object, the smaller banks and other lending institutions will step in and provide/make money

How stupid.

9 posted on 02/20/2020 11:12:56 AM PST by USS Alaska (NUKE THE MOOSELIMB, TERRORISTS, NOW!)
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To: yesthatjallen
Not this shit again.




10 posted on 02/20/2020 11:12:56 AM PST by Kozak (DIVERSITY+PROXIMITY=CONFLICT)
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To: yesthatjallen

What you say when you see your majority status vanishing and have only a pile of useless partisan legislation that is going nowhere to show for it.


11 posted on 02/20/2020 11:25:02 AM PST by bigbob (Trust Trump. Trust the Plan.)
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To: yesthatjallen

The banks better know Trump can come after them too.


12 posted on 02/20/2020 11:30:04 AM PST by Midwesterner53
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To: yesthatjallen

The banks better know Trump can come after them too.


13 posted on 02/20/2020 11:30:04 AM PST by Midwesterner53
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To: yesthatjallen

Collusion of business and government is fascism. The Democrats are now a fascist party.


14 posted on 02/20/2020 11:41:26 AM PST by Jonty30 (What Islam and secularism have in common is that they are both death by cultsther)
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To: yesthatjallen

Since we are already self-sufficient in oil, let’s save that source for later on. Ace in the hole, so to speak.


15 posted on 02/20/2020 11:42:40 AM PST by JimRed (TERM LIMITS, NOW! Build the Wall Faster! TRUTH is the new HATE SPEECH.)
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Comment #16 Removed by Moderator

Comment #17 Removed by Moderator

To: yesthatjallen
House Democrats urge banks to not fund drilling in Arctic refuge.

The normal game plan is to send the regulators after them (the Kenyan).

But the proud American Donald Trump is president.

18 posted on 02/20/2020 12:25:14 PM PST by SKI NOW
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To: A_Former_Democrat

Dangerously Intolerant Liberals Destroying Our Society = DILDOS


19 posted on 02/20/2020 12:27:34 PM PST by 2harddrive (Go to www.CodeIsFreeSpeech.com for 10 FREE 3D-printer gun blueprints!)
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To: yesthatjallen

Communist bastards.


20 posted on 02/20/2020 12:40:48 PM PST by vpintheak (Leftists are full of "Love, peace" and bovine squeeze.)
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