THIS EXPLAINS IT ALL Robert Reich: Question: Who’s the largest foreign lease owner in Canadas oil sands region of Alberta, Canada? Answer: Koch Industries, which holds leases on 1.1 million acres –an area nearly the size of Delaware – capable of producing tens of thousands of barrels of the regions thick brand of crude oil in the next few years. The Keystone XL pipeline will lower transportation costs for all oil sands producers, bolstering the Koch’s profit margins. Do you think this might explain why Republicans (as well as some Democrats like Louisana Senator Mary Landrieu) are so eager to have the pipeline approved? Thanks for sharing this, Eric.
Posted on: Fri, 14 Nov 2014 05:55:20 +0000
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