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Wednesday, October 17, 2012

What Percent of the Alaska Pipeline Do the Koch Brothers Own?

While looking for something else, I found this list of owners of the Trans-Alaska Pipeline Service (TAPS). 
TAPS owners & percentages*:
  • BP Pipelines (Alaska), Inc. 46.9263%
  • ConocoPhillips Transportation Co. 28.2953%
  • ExxonMobil Pipeline Company 20.3378%
  • Koch Alaska Pipeline Company LLC 3.0845%
  • Chevron 1.3561%
*Updated June 27, 2012
I then checked to see who Koch Alaska Pipeline Company is. 

From Bloomberg/Newsweek:

Company Overview

Koch Alaska Pipeline Company LLC operates pipelines that carry crude oil, natural gas liquids, and refined products. The company is based in Wichita, Kansas. It is a subsidiary of Koch Pipeline Company L.P.
P. O. Box 2913
Wichita, KS 67201-2913
United States
Phone: 316-828-7082

Key Executives for Koch Alaska Pipeline Company LLC

Koch Alaska Pipeline Company LLC does not have any Key Executives recorded.

Then, Koch Pipeline:

Improving on a Tradition
Koch Pipeline Company, L.P., an independent subsidiary of Koch Industries, Inc. builds from more than seven decades of Koch company involvement in owning and operating pipelines.

In 1946, as part of the purchase of Rock Island Oil and Refining Co., Wood River Oil Co. (a precursor company to Koch Industries) acquired a small crude oil pipeline in southwestern Oklahoma. The Wood River Oil Co. also constructed a new pipeline to supply product to its St. Louis refinery. In the late '50s, other investments brought pipelines in the Northern Midwest and Canada under the company's operation.

In the ensuing years, the company bought, sold and built pipeline systems transporting crude oil and refined products, as well as natural gas, natural gas liquids and anhydrous ammonia (for fertilizer).

Today, Koch Pipeline and its affiliates keep a 4,000-mile network of pipelines running efficiently and safely, supplying modern conveniences necessary for everyday life. Koch Pipeline is committed to meeting customers needs and is actively pursuing transportation opportunities to serve the Eagle Ford play in south and central Texas. 


Finally,  the Koch Industries website says the leaders of the company are:





2 comments:

  1. Thank you for finding this and posting it here. Though, this is not surprising, since the group known as ALEC (American Legislative Exchange Council)who is also funded by the Koch Brothers, along with Exxon Mobile, has ties to many of our state legislatures, with Wes Keller as their Alaska state chairman.

    ReplyDelete
  2. The Kochs are like the Leviathan whose tentacles encircle the world. Which is exactly how they like it.

    ReplyDelete

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