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Koch Brothers Positioned To Be Big Winners If Keystone XL Pipeline Is Approved

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roxiejules Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-21-11 10:43 PM
Original message
Koch Brothers Positioned To Be Big Winners If Keystone XL Pipeline Is Approved
http://solveclimatenews.com/news/20110210/koch-brothers-positioned-be-big-winners-if-keystone-xl-pipeline-approved - via Solve Climate

The Keystone XL pipeline, awaiting a thumbs up or down on a presidential permit, would increase the import of heavy oil from Canada's oil sands to the U.S. by as much as 510,000 barrels a day, if it gets built.

The 1,959-mile pipeline would cut through Montana, South Dakota, Nebraska, Kansas and Oklahoma to refineries in Texas, and crisscross the Ogallala Aquifer, which Americans living in the Midwest rely on for fresh drinking water as well as irrigation.

A Koch Industries operation in Calgary, Alberta, called Flint Hills Resources Canada LP, supplies about 250,000 barrels of tar sands oil a day to a heavy oil refinery in Minnesota, also owned by the Koch brothers. Flint Hills Resources Canada also operates a crude oil terminal in Hardisty, Alberta, the starting point of the proposed Keystone XL pipeline.

An unknown amount of company profits — figures are unavailable as the company is privately held — come from the Pine Bend Refinery near St. Paul, Minnesota, which supplies 30 to 40 percent of Wisconsin's transportation fuel and a large percentage of the jet fuel used at the Minneapolis-St. Paul International Airport. About 80 percent of what the Koch refinery processes is heavy crude from Alberta's oil sands, a company spokesperson told the media last year. The oil that reaches the refinery is supplied through the Koch brothers' Flint Hills operation in Calgary, the company's website says.


Some see Keystone XL as path to higher gas prices in Midwest:

http://www.siouxcityjournal.com/business/local/article_b8ff1bfd-881c-5d67-9553-cb1220c902d2.html


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rurallib Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-21-11 10:48 PM
Response to Original message
1. sounds like the Koch brothers are looking for some huge payoffs
from their investments in politicians.
Goddammit, I need to buy some politicians.
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CaliforniaPeggy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-21-11 10:50 PM
Response to Original message
2. Seems to me that even Texas is against this.
The pipeline is at a high risk for breaking and causing untold pollution, IIRC.

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RandomThoughts Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-21-11 10:55 PM
Response to Original message
3. I only know what is said about them in the media.
Edited on Mon Feb-21-11 11:33 PM by RandomThoughts
So not judging them. But only commenting on the concepts of consolidations mentioned about them.


A comment by Bill Munny
http://www.youtube.com/watch?v=3rqa8jhmOAo

Silent Running.
http://www.youtube.com/watch?v=ep7W89I_V_g






She's Like the Wind
http://www.youtube.com/watch?v=iZoMC3JSVTk

I like Lyta better, then Kosh, even if she is touched by a Vorlon.

But they won't understand. Although there is a Kosh Quote, the question, how will it end, Kosh says, "It will end in fire."

Babylon 5: Victory Class Battle
http://www.youtube.com/watch?v=e1nUn6vT1yc


Much Love for the Colbert Cameo :loveya:

And of coarse Candy Man!!!!!!!!
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roxiejules Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-21-11 10:56 PM
Response to Original message
4. Looks like they are threatening to send to Asia if we don't approve
http://www.downstreamtoday.com/news/article.aspx?a_id=23197&AspxAutoDetectCookieSupport=1

Robert Jones, a TransCanada executive in charge of the Keystone project, said during a conference call Tuesday that the fate of the Keystone expansion will have "no impact on oil sands production," because if the U.S. blocks the flow of more oil sands south, it will just go overseas through one of the pipelines proposed to bring oil to China and other Asian markets.

"There are two projects under consideration to take oil sands to the West Coast," Jones said, referring to plans by rival pipeline companies Enbridge Inc. (ENB) and Kinder Morgan Energy Partners (KMP), to build lines linking the Alberta oil sands to a marine terminal in Kitimat, British Columbia. "Whether they are successful or not depends upon whether the U.S. continues to be an accessible market for oil sands production," he said.

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DonCoquixote Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-21-11 11:01 PM
Response to Reply #4
6. Gee
In short, these companies demand allegiance, yet they whore themselves out at every chance.
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ananda Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-21-11 11:01 PM
Response to Original message
5. And we still need and use oil because?
???
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bbinacan Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-21-11 11:15 PM
Response to Reply #5
7. We still need it.
If you have a present day total replacement, you'd be rich beyond your wildest dreams. So I must ask, what's your point? Have you developed cold fusion? :eyes: :eyes:
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midnight Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-21-11 11:19 PM
Response to Original message
8. This is really good info.... This is probably why scott walker destroyed the high speed rail ....
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roxiejules Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-22-11 02:58 AM
Response to Reply #8
10. You are right....
Walker has taken a total of more than $70,000 from gas and pipeline companies, and opposed a high speed rail project that would have reduced Wisconsin's dependence on oil.


http://www.prwatch.org/news/2011/02/9958/koch-connection-scott-walkers-war-working-people
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roxiejules Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-22-11 02:51 AM
Response to Original message
9. Looks like Walker has been cozy with Koch for quite a while
http://www.noclimatetax.com/wp-content/uploads/2008/07/walker.pdf

Americans for Prosperity Applauds Milwaukee County Executive Scott Walker

MILWAUKEE-The Wisconsin chapter of the free-market grassroots group Americans for
Prosperity (AFP-WI) today applauded Milwaukee County Executive Scott Walker for
signing the group’s “No Climate Tax Pledge.” By doing so, Walker pledges to “oppose
legislation relating to climate change that includes a net increase in state/local revenue.”

“The one thing elected officials should be able to agree on is that global warming
shouldn’t be used as an excuse to hike taxes on citizens and businesses,” said AFP-WI
State Director Mark Block. “We encourage all of Wisconsin’s elected officials and
candidates for elected office to sign the pledge.”



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