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Thread: a poster from down under claims the Koch brothers

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    a poster from down under claims the Koch brothers

    provide the majority of natural gas to America, here are the ten biggest company's they own,

    https://bizfluent.com/info-8380547-1...companies.html

    maybe he was talking about producing the majority of oil and was just mistaken oil
    op 10 Largest Oil and Gas Companies in the USA 2018

    ExxonMobil

    ExxonMobil is currently topping the list of the biggest oil companies in the USA and one of the world’s largest oil companies by production. It is the largest publicly traded international energy company and uses technology and innovation to help meet the world’s growing energy needs. ExxonMobil holds an industry-leading inventory of resources, is one of the largest refiners and marketers of petroleum products, and its chemicals undertaking is one of the largest such companies in the world.
    Corporate highlights:
    • The company made its eighth oil discovery in offshore Guyana at the Longtail-1 well, creating the potential for additional resource development in the southeast area of the Stabroek Block.
    • ExxonMobil posted a Q2, 2018 revenue of US$ 73.501 billion.
    Find out ExxonMobil’s market share in the Global Offshore Oil and Gas Market 2018
    Chevron

    Chevron is one of the world’s largest oil producers and leading integrated energy companies. Chevron explores for, produces and transports crude oil and natural gas. Additionally, the company refines, markets and distributes transportation fuels and lubricants, manufactures and sells petrochemicals and additives, generates power, and develops and deploys technologies that enhance business value in every aspect of the company’s operations.
    Corporate highlights:
    • Chevron posted a Q2, 2018 revenue of US$ 3.4 billion.
    • In January 2018, the company announced an integral oil discovery at the Ballymore prospect in the Deepwater Gulf of Mexico.
    ConocoPhillips

    Touted as the world’s largest pure-play exploration and production company, ConocoPhillips is a major producer of oil, natural gas in the USA
    Corporate highlights:
    • ConocoPhillips employs approximately 11,200 employees across 17 countries.
    • The company posted a Q2, 2018 revenue of US$ 1.6 billion.
    EOG Resources

    EOG Resource is one of the largest independent (non-integrated) crude oil and natural gas producing companies in the USA with proved reserves amounting to 56% for petroleum, 20% natural gas liquids and 24% represented by natural gas.
    Corporate highlights:
    • EOG resource posted a Q2, 2018 revenue of US$ 6.967 billion.
    • The company employs 2,600+ employees.
    • In 2017, the company has increased its US based oil production by 20% while reducing debt, paying out dividends and generating free cash flow.

    Check Technavio’s Latest Oil and Gas Industry Reports

    Occidental Petroleum

    Occidental Petroleum is an international oil and gas exploration and production company with predominant operations in three countries, including the United States, Middle East and Latin America. Occidental’s midstream and marketing segments gather, process, transport, store, purchase and market hydrocarbons and other commodities. The company’s wholly owned subsidiary OxyChem manufactures and markets basic chemicals and vinyls.
    Corporate highlight: Occidental Petroleum posted a Q2, 2018 revenue of US$ 0.848 billion.
    Phillips 66

    Phillips 66 is a diversified energy manufacturing and logistics company. With a portfolio of midstream, chemicals, refining, marketing and specialties businesses. The company processes, transports, stores and markets fuels and associated products globally. Phillips 66 Partners, the company’s limited partnership subset, is integral to the aforementioned portfolio and is gaining mainstream traction in its own right.
    Corporate highlights:
    • Philips 66 posted a Q2, 2018 revenue of US$ 1.3 billion
    • The company employs 14,400 employees
    Valero Energy

    Valero Energy Corporation, through its subsidiaries, is an international manufacturer and marketer of transportation fuels and other petrochemical products. Additionally, Valero also owns 50% of a joint venture, Diamond Green Diesel Holdings LLC (DGD), which operates a 10,000 barrels per day renewable diesel plant in Norco, Louisiana, that specializes in the processing of used cooking oil, recycled animal fat and corn oil into renewable diesel fuel. Sunray Wind, a 50-megawatt wind farm that produces electricity for the McKee refinery in Sunray, Texas, is also part of the Valero Energy’s fold.
    Corporate highlight: The company has witnessed a profit of US$ 0.845 billion due to the difference between domestic and foreign crude oil prices.
    Halliburton

    Halliburton serves the upstream oil and gas sector throughout the lifecycle of the reservoir, from locating reserves and managing geological data, to drilling evaluation, well construction, completion and production optimization through the life of the field.
    Corporate highlights:
    • Halliburton Company has acquired Athlon solutions LLC. which will become part of the Halliburton multi-chem business line, a provider of specialty oilfield chemicals for stimulation, midstream, and production customers.
    • TETRA Technologies, Inc. and Halliburton partnered together for a global joint marketing and development agreement for the sale and distribution of TETRA’s proprietary family of TETRA CS Neptune completion fluids. The collaborative agreement also fosters and drives further development of oil and gas drilling and completion fluids based operations based on their respective technologies and resource capabilities.
    Anadarko Petroleum

    Anadarko Petroleum is one of the largest oil and gas companies in the USA and a leading premier American petroleum and natural gas exploration and production company, with production capabilities peaking at nearly 672 thousand barrels of oil per day. At the end of 2017, the company was sitting atop a proven reserve of 1.439 billion barrels of oil equivalent, with 46% of it amounting to oil reserves, 37% natural gas and 17% natural gas liquids. However, the company is well known for being at the offending end of a 2014 environmental containment settlement that is deemed the largest in American history.
    Corporate highlights:
    • The oil growth includes increased activity in the Delaware Basin, ramping production at the TEN field in Ghana and the integration of Freeport-McMoRan Deepwater assets in the Gulf of Mexico.
    • The Ghana oil sales volume increased by 48% year-over-year, largely driven by a full year of production from the TEN field.
    Marathon Petroleum

    Marathon Petroleum is US’s second-largest oil refiner, with a crude oil refining capacity of approximately 1.9 million barrels per calendar day spanning its six-refinery system. MPC’s fully integrated system provides operational flexibility to move crude oil, NGLs, feedstocks and petroleum-related products efficiently through the company’s distribution network and midstream service businesses in the midwest, northeast, east coast, southeast and gulf coast regions.
    Corporate highlight: The company posted a Q2, 2018 revenue of US$1.06 billion

    below are the Koch brothers 10 largest companys


    https://www.investopedia.com/insight...koch-brothers/

    note the us gets about 1/3 of its energy from natural gas thats a huge amount of money and oil.


    Well heres a list of the top ten natural gas producers in the usa, odd none of them are owned by the Koch brothers.

    could our FRIEND who claims to be from down under be mistaken yet AGAIN.


    Our friend seems to dislike the Koch brothers and complains about them using dirty oil . indeed they do especially in some of their small operations as many small oil company's do.
    lint Hills is a fuel-producing company. It offers petroleum products, gasoline, diesel fuels, jet fuels, and other oil products, as well as those related to polymers and other chemicals. The company's ethanol plants have a combined production capacity of more than 800 million gallons per year.


    but one thing they use a huge amount of oil for is there asphalt company which is huge .Asphalt production is about 110 million tons a year. cheaper oil makes up most of that.

    odd that a guy who claims to be from down under is so down on the Koch brothers don't you think.
    I mean I don't care about Australian billionaires do privately or their politics.


    hers how the Koch family got stated

    Koch started his career with the Texas Company in Port Arthur, Texas,[8] and later became chief engineer with the Medway Oil & Storage Company on the Isle of Grain in Kent, England. In 1925 he joined a fellow MIT classmate, P.C. Keith, at Keith-Winkler Engineering in Wichita, Kansas. Following the departure of Keith in 1925,[10] the firm became Winkler-Koch Engineering Company.[1][8]
    In 1927, Koch developed a more efficient thermal cracking process for turning crude oil into gasoline which allowed smaller players in the industry to better compete with the oil majors. The larger oil companies quickly sued in response, filing 44 different lawsuits against Koch, and embroiling him in litigation for years. Koch was to prevail in all but one of the suits (which was later over-turned due to the fact that the judge had been bribed).[11]

    yes the Koch family engineered a system that let the little guy compete with billion dollar multi national company's.
    Last edited by bulletbob; 07-16-2019 at 06:59 PM.

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    our freind from down under seems to support north Korea and Iran but is against America but forgets about Australia sanctions . he condemns Americas involvement in Iraq but forgets that Australia had the 4th largest Amount of military in the Iraq war.

    he claims they have ranches twice the size of the state of Texas down under that would be over 560,000 square miles but queen Anne's station in Australia is the largest at a bit over 9000 sq miles big no doubt but no where close to 560,000 sq miles.
    Am I missing something or is our friend down under shall we say h\expanding the truth.

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    our friend from down under claims they have their own oil and dont need to import any oil, ODD read this.

    http://theconversation.com/australia...he-globe-97070

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    Peter1469 (07-17-2019)

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    our down under poster said china is way ahead of us that we don't even have 5 g technology oddd he claim we dont have it but we have for some time time now

    https://www.verizonwireless.com/5g/?...8AeQ&gclsrc=ds

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    The Koch's aren't in the top 4 of Exxon Mobile's largest shareholders: https://www.investopedia.com/article...olders-xom.asp

    Not in the top 3 of Chevron. https://www.investopedia.com/article...olders-cvx.asp

    No mention for Connoco: https://simplywall.st/news/who-are-t...ophillips-cop/
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    Our poster seems to support Iran and north korea and likes russian news sources.

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    now our friend from down under claims that Syria and Iran are not problems in the middle east, well he seems to think they are the good guys.
    he in my opinion is pro terrorist.

    Either he is pro terrorist or has not seen a television or a news paper in the last 35 years, of course playing with your toes can keep one busy.

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    Quote Originally Posted by bulletbob View Post
    our freind from down under seems to support north Korea and Iran but is against America but forgets about Australia sanctions . he condemns Americas involvement in Iraq but forgets that Australia had the 4th largest Amount of military in the Iraq war.

    he claims they have ranches twice the size of the state of Texas down under that would be over 560,000 square miles but queen Anne's station in Australia is the largest at a bit over 9000 sq miles big no doubt but no where close to 560,000 sq miles.
    Am I missing something or is our friend down under shall we say h\expanding the truth.

    How can any thinking person NOT condemn our government's actions in Iraq?

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    Quote Originally Posted by donttread View Post
    How can any thinking person NOT condemn our government's actions in Iraq?
    This isnt a anti american thread or about iraq.
    Perhaps if you lived in iraq under Saddam you would understand

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    Our freind fr9m down under seems to be unable to comment on this thread for some reason

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