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UNITED STATES: POLITICS: POLITICAL PARTIES: REPUBLICAN PARTY, TEA PARTY :
INDUSTRIES: PETROLEUM :
LIBRETARIANISM :
ENVIRONMENT: GLOBAL WARMING AND CLIMATE CHANGE: CLIMATE CHANGE DENIAL :
COUNTRIES: CANADA:
Koch brothers Go Deep in Alberta Tar Sands
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Koch brothers Go Deep in Alberta Tar Sands
Few people know how central this country's oil riches have been to the
U.S. Big Oil billionaires' vast fortune. Most of their tar sands holdings
remain untouched, but that may soon change.
by Bruce Livesey
NationalObserver.com
May 6, 2015 7:05 PM
Now Toronto
https://nowtoronto.com/news/koch-brothers-go-deep-in-alberta-tar-sands/
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The Koch brothers, currently among the top 10 richest people in the world,
with US$42.3-billion apiece, have attracted attention because of their
efforts to influence the political system in the U.S., helping to foster
the Tea Party movement and opposing attempts to curb climate change. They
are infamous for playing hardball.
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Their website, KochFacts, has criticized reporting on their business
interests in the New York Times, the New Yorker, Mother Jones, Forbes.com,
the Washington Post and Bloomberg's Markets Magazine.
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The Kochs have also levelled broadsides at media stories linking them to
Canada and the oil sands, perhaps to direct prying eyes away from their
company's history here. (A Koch Industries spokesperson was contacted
multiple times for comment on the issues raised in this article. The
company did not respond.)
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Few people know how central this country and its oil riches have been to
creating their vast fortune.
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And what a fortune it is. Today, Koch Industries is a global behemoth with
annual sales of US$115 billion, a presence in 60 countries and employing
more than 100,000 people worldwide. It has invested US$70 billion in
capital expenditures over the past 12 years and produces a wide range of
products, not only from the 750,000 barrels of oil it processes every day:
fertilizers, drywall, windowpanes, carpets, Brawny paper towels, Dixie
cups, chemicals and fibre optics.
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As it turns out, Koch Industries also controls anywhere from 1.1 million
to as much as 2 million acres of Alberta's oil sands - the equivalent of
about 4,500 square kilometres - thereby guaranteeing the company's
prosperity for decades to come. The value of KI's oil sands holdings is in
the tens of billions of dollars.
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"You can say a lot of things about the Koch brothers, you can have a lot
of criticisms - but what you cannot say is that they're stupid business
people," remarks Mike Casey, campaign manager of NextGen Climate Action, a
Virginia-based environmental group founded by American hedge fund manager
Tom Steyer. "They're very smart, they play for the long-term. And that's
why they're invested in tar sands to such a huge, huge extent."
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Koch Industries was founded by Fred C. Koch, who was born in Texas in
1900. He trained as an engineer at MIT and invented a new thermal cracking
process that turned crude into gasoline.
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One of Fred's smartest business decisions was to purchase a one-third
stake in Minnesota's Pine Bend refinery, which was built in 1955 and
refined 25,000 barrels of Canadian crude every day. The company began
buying and selling mineral leases in the tar sands as far back as the late
1960s, according to journalist David Sassoon, who runs InsideClimate News,
a Brooklyn, New York-based, Pulitzer Prize-winning website.
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In his 2007 book, The Science Of Success, Charles Koch refers to the Pine
Bend purchase as "one of the most significant events in the evolution of
our company" and writes that "this acquisition brought new capabilities to
Koch Industries and led to many new opportunities."
More about the Koch Brothers and Koch Funded "think tanks"
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Stand your Ground and ALEC OR NRA
https://www.google.com/search?gl=us&pz=1&cf=all&ned=us&hl=en&tbm=
nws&as_q=%22stand%20your%20ground%22%20AND%20(alec%20OR%20%
22national%20rifle%22%20OR%20nra)&as_occt=any&as_drrb=a&tbs=
ar%3A1&authuser=0
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A shorter URL for the above link:
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http://tinyurl.com/cat7hmd
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More on ALEC on Net-Gold
http://www.google.com/search?sourceid=navclient&ie=UTF-8&rlz=
1T4GGHP_enUS441US441&q=ALEC+AND+%22NET-GOLD%22+AND+
%22TEMPLE.EDU%22#q=%22ALEC%22+AND+%22NET-GOLD%22+AND+
%22TEMPLE.EDU%22&hl=en&rlz=1T4GGHP_enUS441US441&prmd=
imvnsfd&filter=0&bav=on.2,or.r_gc.r_pw.r_qf.,cf.osb&fp=
760b3eff8cbb04a5&biw=1920&bih=845
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A shorter URL for the above link:
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http://tinyurl.com/82zh9r9
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More on ALEC from Google News Archive
http://www.google.com/search?pz=1&cf=all&ned=us&hl=en&tbm=
nws&gl=us&as_q=alec%20AND%20(%22koch%20brothers%22%20OR%20laws%
20OR%20legislation%20OR%20republican%20OR%20lobbying%20OR%20%
22pressure%20group%22%20OR%20%22pressure%20groups%22)&as_occt=
any&as_qdr=a&authuser=0#hl=en&gl=us&as_qdr=a&authuser=0&tbm=
nws&q=alec+AND+(%22koch+brothers%22+OR+laws+OR+legislation+OR+
republican+OR+lobbying+OR+%22pressure+group%22+OR+%22pressure+
groups%22+OR+voters+OR+guns)&oq=alec+AND+(%22koch+brothers%22+
OR+laws+OR+legislation+OR+republican+OR+lobbying+OR+%22pressure+
group%22+OR+%22pressure+groups%22+OR+voters+OR+guns)&aq=f&aqi=
&aql=&gs_l=serp.12...32245.61885.0.66809.34.33.0.0.0.0.0.0..0.0
...0.0.FMLc7TJtvPA&pbx=1&bav=on.2,or.r_gc.r_pw.,cf.osb&fp=
41bef43009367e2e&biw=1920&bih=845
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A shorter URL for the above link:
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http://tinyurl.com/7czwunc
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The Koch Brothers are Major Supporters of ALEC
Google News Archive
"koch brothers"
https://www.google.com/search?gl=us&pz=1&cf=all&ned=us&hl=en&tbm=
nws&as_q=%22koch%20brothers%22%20and%20limbaugh&as_occt=
any&as_drrb=a&tbs=ar%3A1&authuser=0#hl=en&gl=us&authuser=
0&tbs=ar:1&tbm=nws&sclient=psy-ab&q=%22koch+brothers%22+&oq=
%22koch+brothers%22+&aq=f&aqi=g3&aql=&gs_sm=12&gs_upl=
10597389l10597389l0l10598918l1l1l0l0l0l0l138l138l0.1l1l0&gs_l=
serp.12..0l3.10597389l10597389l0l10598918l1l1l0l0l0l0l138l138l0j
1l1l0&pbx=1&bav=on.2,or.r_gc.r_pw.r_cp.r_qf.,cf.osb&fp=
461f2e5b54a08f44&biw=1920&bih=845
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A shorter URL for the above link:
.
http://tinyurl.com/897gn5u
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Coverage of the Koch Brothers on Net-Gold
https://www.google.com/webhp?sourceid=navclient&ie=UTF-8#q=
%22koch+brothers%22+AND+%22net-gold%22+AND+%22temple.edu%
22&hl=en&prmd=imvns&filter=0&bav=
on.2,or.r_gc.r_pw.r_cp.r_qf.,cf.osb&fp=
fb2e33546f0a907c&biw=1920&bih=845
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A shorter URL for the above link:
.
http://tinyurl.com/6olylur
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UNITED STATES: POLITICS: POLITICAL PARTIES: REPUBLICAN PARTY, TEA PARTY :
INDUSTRIES: PETROLEUM INDUSTRY :
POLITICS : POLITICS: PRESSURE GROUPS: ALEC:
ALEC Corporations
[Some of these corporations through consumer and political pressure have
since left ALEC after this list was compiled.]
http://groups.yahoo.com/group/Net-Gold/message/38392
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ORGANIZATIONS :
POLITICS :
SOCIAL ISSUES:
Political Think Tanks
http://groups.yahoo.com/group/Net-Gold/message/36451
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POLITICS: LOBBYING :
POLITICS: POLITICAL GROUPS :
ENVIRONMENT :
PROPAGANDA :
INDUSTRIES: PETROLEUM :
ORGANIZATIONS: THINK TANKS:
Rethinking the Think Tanks
http://groups.yahoo.com/group/Net-Gold/message/33671
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The complete article may be read at the URL above.
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Sincerely,
David Dillard
Temple University
(215) 204 - 4584
jwne@xxxxxxxxxx
http://workface.com/e/daviddillard
Net-Gold
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Blog
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Twitter: davidpdillard
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Bushell, R. & Sheldon, P. (eds),
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Wellness Tourism: Bibliographic and Webliographic Essay
David P. Dillard
http://tinyurl.com/p63whl
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HEALTH DIET FITNESS RECREATION SPORTS TOURISM
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Please Ignore All Links to JIGLU
in search results for Net-Gold and related lists.
The Net-Gold relationship with JIGLU has
been terminated by JIGLU and these are dead links.
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Temple University Listserv Alert :
Years 2009 and 2010 Eliminated from Archives
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