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Posted Fri Mar 21 2014: from Washington Post:
The biggest lease holder in Canada's oil sands isn't Exxon Mobil or Chevron. It's the Koch brothers. http://apocadocs.com/s.pl?1395407543
You might expect the biggest lease owner in Canada's oil sands, or tar sands, to be one of the international oil giants, like Exxon Mobil or Royal Dutch Shell. But that isn't the case. The biggest lease holder in the northern Alberta oil sands is a subsidiary of Koch Industries, the privately-owned cornerstone of the fortune of conservative Koch brothers Charles and David. The Koch Industries subsidiary holds leases on 1.1 million acres -- an area nearly the size of Delaware -- in the oil sands region of Alberta, Canada, according to an activist group that studied Alberta provincial records. The Post confirmed the group's findings with Alberta Energy, the provincial government's ministry of energy. Separately, industry sources familiar with oil sands leases said Koch's lease holdings could be closer to two million acres.
[Read more stories about: capitalist greed, oil issues, global warming]
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