By: Kourosh Behnam
March 6, 2012
Lee Fang, at the Republic Report, has found convincing evidence that Koch Industries is involved in the boom in natural gas fracking.
Koch Industries has funded many of the pro-fracking think tanks , like the Heartland Institute and the American Legislative Exchange Council (ALEC). Koch investments have fueled the creation of these think tanks which promote climate denial.
A in house newsletter from October 2011 explains Koch Industries “discoveries” of crude oil and natural gas in the Eagle Ford Shale in South Texas.
1. Koch Pipeline: is partnering with NuStar Energy to develop a dormant pipeline from Pettus, TX to refineries in Corpus Christi. The pipeline will transport natural gas from fracking sites in southern Texas. Koch Pipeline is a Koch Industries subsidiary.
2. Flint Hills Resources: recently purchased a small craft pier and wharf in Ingleside, TX to store shipments of natural gas from fracking operations in the Eagle Ford shale formation. Flint Hills Resources is a Koch Industries subsidiary.
3. Koch Supply & Trading: a Koch Industries company that deals with commodity trading and financial products, is “already trading Eagle Ford crude” to help supply Koch companies and other customers, according to a Koch Industries newsletter.
4. Koch Chemical Technology Group: is designing a processing facility near Yoakum, TX to help process natural gas fracked in southern Texas. Koch Chemical is a subsidiary of Koch Industries.
5. John Zink: a Koch Industries company, is providing flares for a natural gas processing plant in Helena to service the fracking industry.
6. Georgia Pacific: produces resins used for chemicals used to prop open micro-fractures, an important process for fracking to occur. GP is a Koch Industries subsidiary.
7. Koch Fertilizer: a Koch Industries company, has tapped into increased natural gas production from fracking to develop fertilizer.
As of November 2011 the combined wealth of Charles and David Koch is $50 billion. There investments benefit from climate change and their influence networks block efforts to phase out pollution from fossil fuels.