The Koch Brothers: 2 million acres and $100 Billion Dollars
by: Dr. Samori Swygert
I had a chance to read an article in theHuffington Post this week, and it really blew me away. Many of us are aware of the debate over the Keystone Pipeline. The oil industry, corporate America, and other entities are drooling over the possibility and projections of the construction of the Keystone Pipeline.
The pipeline would start at the Tar Sands of Alberta, Canada and stretch down the middle of America and into the gulf for refinement. The Huffington Post based their article on a report from the International Forum of Globalization.
The report and the Huffington Post said that the Koch Brothers have the potential to make $100 Billion dollars if the Keystone Pipeline gets approved. How will they achieve this? First, the Tar Sands in which the unrefined oil source resides are located in Alberta, Canada. Secondly, the Koch Brothers own a WHOPPING 2 MILLION ACRES of land in Alberta, Canada. Thirdly, Koch Industries will facilitate a substantial amount of the construction, oil development, and collect money from oil derivatives.
This is major. Their money is very long, strong and so is their lobbying power. Furthermore, the report noted that they’ve already spent $50 million dollars to think-tank groups to help promote the approval of the deal.
Instead of spending so much on clothes, jewelry, cars, lavish restaurants and vacations, we could redirect our finances to much more worthy causes of the future. The Koch brothers have exploratory agencies that survey, sample, and inspect various land for what resources will be crucial, and then capitalize on that. I don’t see why we can’t.
What are your thoughts on this?
You can also follow this article at: http://www.yourblackworld.net/2014/03/black-news/the-koch-brothers-own-2m-acres-of-land-slated-to-make-100-billion/