Koch Industries’ owned, Flint Hills Resources refinery Koch Industries Blasts Swapping Oil Exports for Renewable Credit November 24, 2015 12:53 pm - Koch Industries Inc.’s top lobbyist is warning against extending renewable-power tax incentives in exchange for lifting the longstanding ban on exporting U.S. crude. “We do not support trading a good free market policy for more corporate welfare,” Phillip Ellender, the president of Koch Companies Public Sector, said in a letter to members of Congress. “We [Read More…]
saudi oil Oil Trades Near $42 as Saudis Reiterate Market Stability Pledge November 23, 2015 5:38 pm - Oil traded near $42 a barrel as Saudi Arabia reiterated its commitment to work with OPEC members and other producers to stabilize the crude market. Futures rose as much as 1 percent in New York. Saudi Arabia strives to “cooperate with all oil producers and exporters, from inside and outside of OPEC, to preserve the [Read More…]