Momentum is Growing to Defund DAPL: Use the Pull Out Method to Avoid the Oil Spill

For Immediate Release:                           

February 8, 2017                                                                 

Momentum is Growing to Defund DAPL:

Use the Pull Out Method to Avoid the Oil Spill

Denver, CO—In solidarity with Standing Rock and DefundDAPL, activists based along the Front Range are advocating using the Pull Out Method from banks funding the Dakota Access Pipeline. On Friday, February 17 at 2pm the Pull Out Method will meet at the top of the Denver State Capital steps to walk downtown to Wells Fargo, Chase, and US Bank where individuals will be closing their accounts to divest from oil pipelines.

At least seventeen financial institutions, including Wells Fargo, Citibank, U.S. Bank, and Chase, have loaned Dakota Access LLC $2.5 billion to construct the pipeline. Nationally, DefundDAPL.org is responsible for individuals pulling out over $59 million from these banks. The Defund DAPL movement is gaining momentum with the heartening news that Seattle has decided to divest $3 billion from Wells Fargo. Every person and every cent counts.

The Pull Out Method serves as a resource and ally to support local and national actions to divest from all banks funding the Dakota Access Pipeline. We envision financial communities that support Indigenous rights, clean water, renewable energies, and transparent business practices. Our website has important information on how to switch accounts and ways to connect with local actions to pull out of your bank. For more information visit: http://www.thepulloutmethod.org/.

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