Analysis: 'Sons of Wichita' and U.S. Oil Refineries - Topic A: Energy
Roll Call: Latest News on Capitol Hill, Congress, Politics and Elections
July 31, 2015

Analysis: ‘Sons of Wichita’ and U.S. Oil Refineries

The Financial Times writes: “One of many reasons for putting Daniel Schulman’s Sons of Wichita on your summer reading list is that it is a useful reminder that the least glamorous parts of the energy business can sometimes be the most lucrative.”

“The biography of the billionaire Koch brothers tells how Fred Koch, the patriarch who laid the foundations for the family’s fortune, started a highly successful company selling thermal cracking technology, a standard feature of modern oil refineries. Today Charles and David Koch, two of Fred’s sons, control a vast and diversified business empire, but the roots of it all are in refineries.”

The piece concludes: “For Fred Koch, defending his competitive advantage meant two decades fighting through the courts to protect his rights to his thermal cracking technology.”

“With international pressure now added to the calls from oil-extraction companies for them to be allowed to export crude, US refiners today are facing a similarly intense battle to protect their interests.”


Categories: Commentary

Comments (9)

Leave a Comment

Your email address will not be published.


  1. Anonymous

    July 12, 2015
    3:44 p.m.

    What¦s Going down i am new to this, I stumbled upon this I have discovered It absolutely useful and it has helped me out loads. I hope to contribute & help other users like its aided me. Great job.

  2. Anonymous

    July 18, 2015
    4:46 a.m.

    Do you mind if I quote a couple of your posts as long as I provide credit and sources back to your website? My blog site is in the very same niche as yours and my visitors would genuinely benefit from some of the information you provide here. Please let me know if this ok with you. Regards!

  3. Anonymous

    July 19, 2015
    8:21 a.m.

    wonderful post.Ne’er knew this, appreciate it for letting me know.

  4. Anonymous

    July 21, 2015
    12:46 a.m.

    Hello my family member! I want to say that this article is awesome, great written and come with almost all important infos. I would like to look extra posts like this .

  5. Anonymous

    July 24, 2015
    5:36 a.m.

    Does your website have a contact page? I’m having a tough time locating it but, I’d like to shoot you an email. I’ve got some suggestions for your blog you might be interested in hearing. Either way, great blog and I look forward to seeing it grow over time.

  6. Anonymous

    July 24, 2015
    5:23 p.m.

    Hey there! Do you use Twitter? I’d like to follow you if that would be okay. I’m undoubtedly enjoying your blog and look forward to new updates.

  7. Anonymous

    July 25, 2015
    7:29 a.m.

    I’m really impressed along with your writing skills and also with the structure in your blog. Is this a paid topic or did you modify it your self? Either way stay up the nice quality writing, it is rare to look a great weblog like this one today..

  8. Anonymous

    July 25, 2015
    5:24 p.m.

    Hello There. I found your weblog using msn. This is a very smartly written article. I’ll make sure to bookmark it and come back to learn extra of your useful info. Thanks for the post. I’ll definitely comeback.

  9. Anonymous

    July 30, 2015
    1:32 p.m.

    Today, I went to the beach front with my kids. I found a sea shell and gave it to my 4 year old daughter and said “You can hear the ocean if you put this to your ear.” She put the shell to her ear and screamed. There was a hermit crab inside and it pinched her ear. She never wants to go back! LoL I know this is entirely off topic but I had to tell someone!

Sign In

Forgot password?



Receive daily coverage of the people, politics and personality of Capitol Hill.

Subscription | Free Trial

Logging you in. One moment, please...