Listen to it all, but here’s what I think is the key portion; it starts with a question that’s so obvious that nobody’s asking it: Why are we building a pipeline to ship oil to Texas? Texas has oil!
And I wanted to know why we’re taking oil from Canada across the entire United States to Texas. And, again, it’s because the Kochs want it. Now, why do they want it? The answer is, right now they’re getting their oil—the only place they can get lots of heavy crude oil—if you want heavy crude, you’ve got to get it from a heavy dude named Hugo Chávez, the president of Venezuela. And one thing about Chávez, who I’ve known for many years, is that he doesn’t let go of his nation’s oil on the cheap. He is a cornerstone of OPEC. And Venezuela’s been selling heavy crude at a premium to the price paid in Texas, because it costs more to get heavy oil from Venezuela than it does to get light oil down the road from Texas. But they have no choice, the Koch brothers, but paying Hugo for his gunky oil, [because the Gulf coast refineries, especially those controlled by the Koch brothers in Flint Hills, can really only handle heavy crude oil].
Now, on the other hand, the Canadians not only are selling for less than Texas oil—they’re selling, as of today—if you check out this week’s reports, about $33 a barrel less is the price of West Canada Sands (WCS) oil, as they call it, versus WTI, the West Texas Intermediate. So you’re saving about $35 a barrel—$35 a barrel—if you can get the oil from Canada as opposed to Venezuela. So they’ve got to cut off Chávez and they’ve got to bring the oil in from Canada.
And that’s the reason why we are talking about endangering the most sensitive aquifers and important—that is, water sources in America—to have a pipe with the filthiest oil in the planet, the most polluting oil on the planet, to drag it all the way from Canada all the way down to Texas so that the Koch brothers at Flint Hills can make— that the Koch brothers will make off our risking the aquifers across the United States.
Because they really need the money!
Now, normally I’m not in favor of demonizing billionaires, not even the Koch Brothers; it has always seemed to me that the problem isn’t individual “bad apples” but the class of billionaires as such. On the other hand, since there are really so few billionaires (by comparison to the world population) perhaps each one should be considered in “a class by themselves.” This member of a singleton class sets out to destroy the acquifers of the Great Plains, that one Amazonia, and so forth.