Subsidiary of Koch Industries has direct interest in Keystone XL

“In recent months Koch Industries Inc., the business conglomerate run by billionaire brothers Charles and David Koch, has repeatedly told a U.S. Congressional committee and the news media that the proposed Keystone XL oil sands pipeline has “nothing to do with any of our businesses.”

But Inside Climate News reports that the company has told Canadian energy regulators a different story.”

An Alberta-based subsidiary of Koch Industries told the National Energy Board that it “‘is among Canada’s largest crude oil purchasers, shippers and exporters. Consequently, Flint Hills has a direct and substantial interest in the application’ for the pipeline under consideration.”