Obama says U.S. considering alternate routes for Dakota Access pipeline

• Energy Transfer Partners (ETP -1.3%) is lower as Pres. Obama weighs in on the Dakota Access pipeline, saying the U.S. government is examining ways to reroute the pipeline and address concerns raised by Native American tribes.
• Obama's comments are his first to directly address the escalating conflict between local authorities and protesters over the $3.8B pipeline project.
• Obama says government agencies will let the situation "play out for several more weeks and determine whether or not this can be resolved in a way that I think is properly attentive to the traditions of First Americans."
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