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President-elect Donald Trump, who supports the Dakota Access Pipeline, will review a decision by the Obama administration to deny an essential permit for the project, a spokesperson told Bloomberg on Monday.
Hours following the statement, the Trump transition team also announced that the real estate mogul has sold his stake in the company spearheading the project, Energy Transfer Partners. In the president-elect’s most recent financial disclosures, he owned between $15,000 and $50,000 of the company’s stock. CNBC reports that it’s still unclear if he also sold shares of Phillips 66, who owns a small investment in the pipeline.
Following months of protests from the Native American community in North Dakota and activists from across the states, the Army Corps of Engineers denied the company a key permit needed to build the project under Lake Oahe, initiating an environmental review.
Sioux from Standing Rock claim victory over Dakota PipelineShow all 21 1 /21Sioux from Standing Rock claim victory over Dakota Pipeline Sioux from Standing Rock claim victory over Dakota Pipeline CANNON BALL, ND - DECEMBER 05: Despite blizzard conditions, military veterans march in support of the "water protectors" at Oceti Sakowin Camp on the edge of the Standing Rock Sioux Reservation on December 5, 2016 outside Cannon Ball, North Dakota. Over the weekend a large group of military veterans joined native Americans and activists from around the country who have been at the camp for several months trying to halt the construction of the Dakota Access Pipeline. Yesterday the US Army Corps of Engineers announced that it will not grant an easement for the pipeline to cross under a lake on the Sioux Tribes Standing Rock reservation. The proposed 1,172-mile-long pipeline would transport oil from the North Dakota Bakken region through South Dakota, Iowa and into Illinois. (Photo by Scott Olson/Getty Images)
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Sioux from Standing Rock claim victory over Dakota Pipeline CANNON BALL, ND - DECEMBER 04: Fireworks fill the night sky above Oceti Sakowin Camp as activists celebrate after learning an easement had been denied for the Dakota Access Pipeline near the edge of the Standing Rock Sioux Reservation on December 4, 2016 outside Cannon Ball, North Dakota. The US Army Corps of Engineers announced today that it will not grant an easement to the Dakota Access Pipeline to cross under a lake on the Sioux Tribes Standing Rock reservation, ending a months-long standoff. (Photo by Scott Olson/Getty Images)
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Sioux from Standing Rock claim victory over Dakota Pipeline CANNON BALL, ND - DECEMBER 05: Despite blizzard conditions, military veterans march in support of the "water protectors" at Oceti Sakowin Camp on the edge of the Standing Rock Sioux Reservation on December 5, 2016 outside Cannon Ball, North Dakota. Over the weekend a large group of military veterans joined native Americans and activists from around the country who have been at the camp for several months trying to halt the construction of the Dakota Access Pipeline. Yesterday the US Army Corps of Engineers announced that it will not grant an easement for the pipeline to cross under a lake on the Sioux Tribes Standing Rock reservation. The proposed 1,172-mile-long pipeline would transport oil from the North Dakota Bakken region through South Dakota, Iowa and into Illinois. (Photo by Scott Olson/Getty Images)
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Sioux from Standing Rock claim victory over Dakota Pipeline CANNON BALL, ND - DECEMBER 04: Fireworks fill the night sky above Oceti Sakowin Camp as activists celebrate after learning an easement had been denied for the Dakota Access Pipeline near the edge of the Standing Rock Sioux Reservation on December 4, 2016 outside Cannon Ball, North Dakota. The US Army Corps of Engineers announced today that it will not grant an easement to the Dakota Access Pipeline to cross under a lake on the Sioux Tribes Standing Rock reservation, ending a months-long standoff. (Photo by Scott Olson/Getty Images)
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Sioux from Standing Rock claim victory over Dakota Pipeline CANNON BALL, ND - DECEMBER 05: Despite blizzard conditions, military veterans march in support of the "water protectors" at Oceti Sakowin Camp on the edge of the Standing Rock Sioux Reservation on December 5, 2016 outside Cannon Ball, North Dakota. Over the weekend a large group of military veterans joined native Americans and activists from around the country who have been at the camp for several months trying to halt the construction of the Dakota Access Pipeline. Yesterday the US Army Corps of Engineers announced that it will not grant an easement for the pipeline to cross under a lake on the Sioux Tribes Standing Rock reservation. The proposed 1,172-mile-long pipeline would transport oil from the North Dakota Bakken region through South Dakota, Iowa and into Illinois. (Photo by Scott Olson/Getty Images)
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Sioux from Standing Rock claim victory over Dakota Pipeline CANNON BALL, ND - DECEMBER 04: Native American and other activists celebrate after learning an easement had been denied for the Dakota Access Pipeline at Oceti Sakowin Camp on the edge of the Standing Rock Sioux Reservation on December 4, 2016 outside Cannon Ball, North Dakota. The US Army Corps of Engineers announced today that it will not grant an easement to the Dakota Access Pipeline to cross under a lake on the Sioux Tribes Standing Rock reservation, ending a months-long standoff. (Photo by Scott Olson/Getty Images)
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Sioux from Standing Rock claim victory over Dakota Pipeline CANNON BALL, ND - DECEMBER 04: Chief Arvol Looking Horse of the Lakota/Dakota/Nakota Nation listens to speakers during an interfaith ceremony at Oceti Sakowin Camp on the edge of the Standing Rock Sioux Reservation on December 4, 2016 outside Cannon Ball, North Dakota. Native Americans and activists from around the country have been gathering at the camp for several months trying to halt the construction of the Dakota Access Pipeline. Today the US Army Corps of Engineers announced that it will not grant an easement for the pipeline to cross under a lake on the Sioux Tribes Standing Rock reservation, ending the months-long standoff. The proposed 1,172-mile-long pipeline would transport oil from the North Dakota Bakken region through South Dakota, Iowa and into Illinois. (Photo by Scott Olson/Getty Images)
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Sioux from Standing Rock claim victory over Dakota Pipeline CANNON BALL, ND - DECEMBER 04: An Native American activist rides down fom a ridge which overlooks Oceti Sakowin Camp on the edge of the Standing Rock Sioux Reservation on December 4, 2016 outside Cannon Ball, North Dakota. Native Americans and activists from around the country have been gathering at the camp for several months trying to halt the construction of the Dakota Access Pipeline. The proposed 1,172-mile-long pipeline would transport oil from the North Dakota Bakken region through South Dakota, Iowa and into Illinois. (Photo by Scott Olson/Getty Images)
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Sioux from Standing Rock claim victory over Dakota Pipeline CANNON BALL, ND - DECEMBER 05: Despite blizzard conditions, military veterans march in support of the "water protectors" at Oceti Sakowin Camp on the edge of the Standing Rock Sioux Reservation on December 5, 2016 outside Cannon Ball, North Dakota. Over the weekend a large group of military veterans joined native Americans and activists from around the country who have been at the camp for several months trying to halt the construction of the Dakota Access Pipeline. Yesterday the US Army Corps of Engineers announced that it will not grant an easement for the pipeline to cross under a lake on the Sioux Tribes Standing Rock reservation. The proposed 1,172-mile-long pipeline would transport oil from the North Dakota Bakken region through South Dakota, Iowa and into Illinois. (Photo by Scott Olson/Getty Images)
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Sioux from Standing Rock claim victory over Dakota Pipeline CANNON BALL, ND - DECEMBER 04: Political activist Cornel West listen to speakers during an interfaith ceremony at Oceti Sakowin Camp on the edge of the Standing Rock Sioux Reservation on December 4, 2016 outside Cannon Ball, North Dakota. Native Americans and activists from around the country have been gathering at the camp for several months trying to halt the construction of the Dakota Access Pipeline. Today the US Army Corps of Engineers announced that it will not grant an easement for the pipeline to cross under a lake on the Sioux Tribes Standing Rock reservation, ending the months-long standoff. The proposed 1,172-mile-long pipeline would transport oil from the North Dakota Bakken region through South Dakota, Iowa and into Illinois. (Photo by Scott Olson/Getty Images)
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Sioux from Standing Rock claim victory over Dakota Pipeline Activists hold hands during a prayer circle as they try to surround the entire camp at Oceti Sakowin Camp on the edge of the Standing Rock Sioux Reservation on December 4, 2016 outside Cannon Ball, North Dakota. Native Americans and activists from around the country gather at the camp trying to halt the construction of the Dakota Access Pipeline. / AFP / JIM WATSON (Photo credit should read JIM WATSON/AFP/Getty Images)
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Sioux from Standing Rock claim victory over Dakota Pipeline Activists celebrate at Oceti Sakowin Camp on the edge of the Standing Rock Sioux Reservation on December 4, 2016 outside Cannon Ball, North Dakota, after hearing that the Army Corps of Engineers has denied the current route for the Dakota Access pipeline. / AFP / JIM WATSON (Photo credit should read JIM WATSON/AFP/Getty Images)
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Sioux from Standing Rock claim victory over Dakota Pipeline CANNON BALL, ND - DECEMBER 04: Chief Arvol Looking Horse (L) of the Lakota/Dakota/Nakota Nation listens as political activist Cornel West speaks during an interfaith ceremony at Oceti Sakowin Camp on the edge of the Standing Rock Sioux Reservation on December 4, 2016 outside Cannon Ball, North Dakota. Native Americans and activists from around the country have been gathering at the camp for several months trying to halt the construction of the Dakota Access Pipeline. Today the US Army Corps of Engineers announced that it will not grant an easement for the pipeline to cross under a lake on the Sioux Tribes Standing Rock reservation, ending the months-long standoff. The proposed 1,172-mile-long pipeline would transport oil from the North Dakota Bakken region through South Dakota, Iowa and into Illinois. (Photo by Scott Olson/Getty Images)
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Sioux from Standing Rock claim victory over Dakota Pipeline CANNON BALL, ND - DECEMBER 05: Military veterans from Southern California collect firewood for their campsite at Oceti Sakowin Camp on the edge of the Standing Rock Sioux Reservation on December 5, 2016 outside Cannon Ball, North Dakota. Over the weekend a large group of military veterans joined native Americans and activists from around the country who have been at the camp for several months trying to halt the construction of the Dakota Access Pipeline. Yesterday the US Army Corps of Engineers announced that it will not grant an easement for the pipeline to cross under a lake on the Sioux Tribes Standing Rock reservation. The proposed 1,172-mile-long pipeline would transport oil from the North Dakota Bakken region through South Dakota, Iowa and into Illinois. (Photo by Scott Olson/Getty Images)
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Sioux from Standing Rock claim victory over Dakota Pipeline CANNON BALL, ND - DECEMBER 05: Despite blizzard conditions, military veterans march in support of the "water protectors" at Oceti Sakowin Camp on the edge of the Standing Rock Sioux Reservation on December 5, 2016 outside Cannon Ball, North Dakota. Over the weekend a large group of military veterans joined native Americans and activists from around the country who have been at the camp for several months trying to halt the construction of the Dakota Access Pipeline. Yesterday the US Army Corps of Engineers announced that it will not grant an easement for the pipeline to cross under a lake on the Sioux Tribes Standing Rock reservation. The proposed 1,172-mile-long pipeline would transport oil from the North Dakota Bakken region through South Dakota, Iowa and into Illinois. (Photo by Scott Olson/Getty Images)
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Sioux from Standing Rock claim victory over Dakota Pipeline CANNON BALL, ND - DECEMBER 03: Activists participate in an art project conceived by Cannupa Hunska Luger, from the Standing Rock Sioux Tribe, at Oceti Sakowin Camp on the edge of the Standing Rock Sioux Reservation on December 3, 2016 outside Cannon Ball, North Dakota. Native Americans and activists from around the country have been gathering at the camp for several months trying to halt the construction of the Dakota Access Pipeline. The proposed 1,172-mile-long pipeline would transport oil from the North Dakota Bakken region through South Dakota, Iowa and into Illinois. (Photo by Scott Olson/Getty Images)
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Sioux from Standing Rock claim victory over Dakota Pipeline CANNON BALL, ND - DECEMBER 05: Military veterans are briefed on cold-weather safety issues and their overall role at Oceti Sakowin Camp on the edge of the Standing Rock Sioux Reservation on December 5, 2016 outside Cannon Ball, North Dakota. Over the weekend a large group of military veterans joined native Americans and activists from around the country who have been at the camp for several months trying to halt the construction of the Dakota Access Pipeline. Yesterday the US Army Corps of Engineers announced that it will not grant an easement for the pipeline to cross under a lake on the Sioux Tribes Standing Rock reservation. The proposed 1,172-mile-long pipeline would transport oil from the North Dakota Bakken region through South Dakota, Iowa and into Illinois. (Photo by Scott Olson/Getty Images)
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Sioux from Standing Rock claim victory over Dakota Pipeline CANNON BALL, ND - DECEMBER 04: Native American and other activists celebrate after learning an easement had been denied for the Dakota Access Pipeline at Oceti Sakowin Camp on the edge of the Standing Rock Sioux Reservation on December 4, 2016 outside Cannon Ball, North Dakota. The US Army Corps of Engineers announced today that it will not grant an easement to the Dakota Access Pipeline to cross under a lake on the Sioux Tribes Standing Rock reservation, ending a months-long standoff. (Photo by Scott Olson/Getty Images)
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Sioux from Standing Rock claim victory over Dakota Pipeline CANNON BALL, ND - DECEMBER 04: Native American activists celebrate after learning an easement had been denied for the Dakota Access Pipeline at Oceti Sakowin Camp on the edge of the Standing Rock Sioux Reservation on December 4, 2016 outside Cannon Ball, North Dakota. The US Army Corps of Engineers announced today that it will not grant an easement to the Dakota Access Pipeline to cross under a lake on the Sioux Tribes Standing Rock reservation, ending a months-long standoff. (Photo by Scott Olson/Getty Images)
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Sioux from Standing Rock claim victory over Dakota Pipeline CANNON BALL, ND - DECEMBER 04: Native American and other activists celebrate after learning an easement had been denied for the Dakota Access Pipeline at Oceti Sakowin Camp on the edge of the Standing Rock Sioux Reservation on December 4, 2016 outside Cannon Ball, North Dakota. The US Army Corps of Engineers announced today that it will not grant an easement to the Dakota Access Pipeline to cross under a lake on the Sioux Tribes Standing Rock reservation, ending a months-long standoff. (Photo by Scott Olson/Getty Images)
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Sioux from Standing Rock claim victory over Dakota Pipeline Activists celebrate at Oceti Sakowin Camp on the edge of the Standing Rock Sioux Reservation on December 4, 2016 outside Cannon Ball, North Dakota, after hearing that the Army Corps of Engineers has denied the current route for the Dakota Access pipeline. The US Army Corps of Engineers on Sunday announced they will no longer allow the Dakota Access Pipeline to cross under a lake on the Standing Rock reservation in North Dakota, marking a huge win for Native Americans and protesters who had long opposed the construction. / AFP / JIM WATSON (Photo credit should read JIM WATSON/AFP/Getty Images)
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The project will now land on the next president’s desk, and on Monday, spokesman for the Trump transition team, Jason Miller, announced that his administration still supports the pipeline.
Energy Transfer Partners CEO Kelcy Warren also donated $100,000 to the Republican’s fundraising effort, according to Federal Election Commission records. Still, his transition team promises that this will not at all influence his decisions once he takes office.