Natural Resource Partners
<p>Coal baron <b>Corbin J. Robertson, Jr.</b> is head of <a href="http://sourcewatch.org/index.php?title=Natural_Resource_Partners" title="Natural Resource Partners">Natural Resource Partners</a> and <a href="http://sourcewatch.org/index.php?title=Quintana_Minerals&action=edit&redlink=1" class="new" title="Quintana Minerals (page does not exist)">Quintana Minerals</a>. The grandson and heir of Texas oilman <a href="http://sourcewatch.org/index.php?title=Hugh_Roy_Cullen&action=edit&redlink=1" class="new" title="Hugh Roy Cullen (page does not exist)">Hugh Roy Cullen</a>, he "is said to own more coal through his various ventures than anyone outside of the U.S. government."<sup id="cite_ref-2007hbj_0-0" class="reference"><a href="http://sourcewatch.org/index.php?title=Corbin_Robertson#cite_note-2007hbj-0" title="">[1]</a></sup>
Robertson is listed as director of a pair of front groups promoting climate inaction, 501(c)(3) <a href="http://sourcewatch.org/index.php?title=Plants_Need_CO2" title="Plants Need CO2">Plants Need CO2</a> and 501(c)(4)<a href="http://sourcewatch.org/index.php?title=CO2_Is_Green" title="CO2 Is Green">CO2 Is Green</a> (with associated media campaign); and his name appears on the <a href="http://sourcewatch.org/index.php?title=Koch_Event_2010-06_Attendees" title="Koch Event 2010-06 Attendees">list of attendees</a><sup id="cite_ref-1" class="reference"><a href="http://sourcewatch.org/index.php?title=Corbin_Robertson#cite_note-1" title="">[2]</a></sup> of the June 2010 Koch strategy group meeting in Aspen, CO.</p>
<p>
Robertson was acknowledged at the privately held Koch seminar in June 2011 in Vail, Colorado for donating at least $1 million to Koch-related causes. <sup id="cite_ref-Mother_Jones_Exclusive_2-0" class="reference"><a href="http://sourcewatch.org/index.php?title=Corbin_Robertson#cite_note-Mother_Jones_Exclusive-2" title="">[3]</a></sup></p>
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<h2>Contents</h2>
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<li class="toclevel-1"><a href="http://sourcewatch.org/index.php?title=Corbin_Robertson#Articles_and_resources"><span class="tocnumber">1</span> <span class="toctext">Articles and resources</span></a>
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<li class="toclevel-2"><a href="http://sourcewatch.org/index.php?title=Corbin_Robertson#References"><span class="tocnumber">1.1</span> <span class="toctext">References</span></a></li>
<li class="toclevel-2"><a href="http://sourcewatch.org/index.php?title=Corbin_Robertson#Related_SourceWatch_articles"><span class="tocnumber">1.2</span> <span class="toctext">Related SourceWatch articles</span></a></li>
<li class="toclevel-2"><a href="http://sourcewatch.org/index.php?title=Corbin_Robertson#External_resources"><span class="tocnumber">1.3</span> <span class="toctext">External resources</span></a></li>
<li class="toclevel-2"><a href="http://sourcewatch.org/index.php?title=Corbin_Robertson#External_articles"><span class="tocnumber">1.4</span> <span class="toctext">External articles</span></a></li>
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<p><a name="Articles_and_resources" id="Articles_and_resources"> </a></p>
<h2><span class="mw-headline">Articles and resources</span></h2>
<p><a name="References" id="References"> </a></p>
<h3><span class="mw-headline">References</span></h3>
<ol class="references">
<li id="cite_note-2007hbj-0"><a href="http://sourcewatch.org/index.php?title=Corbin_Robertson#cite_ref-2007hbj_0-0" title="">↑</a> Mary Ann Azevedo (2007-09-09). <a href="http://www.bizjournals.com/houston/stories/2007/09/10/story2.html" class="external text" title="http://www.bizjournals.com/houston/stories/2007/09/10/story2.html" rel="nofollow">Energy fund drills in new 'direction'</a>. Houston Business Journal. Retrieved on 2011-03-27. “Hugh Roy Cullen, who was dubbed "arguably Houston's most famous oilman" by Texas Monthly in 2005, founded the now-defunct Quintana Petroleum in 1930. Today, Corby Robertson -- Cullen's grandson -- is said to own more coal through his various ventures than anyone outside of the U.S. government (see "Cullen heir nabs huge lumps of coal," Dec. 8, 2006). Besides his role with Quintana Energy Partners, Robertson also serves as president of Quintana Minerals Corp., CEO and chairman of publicly traded Natural Resource Partners LP, and chairman of Quintana Maritime Ltd., a Nasdaq-traded bulk shipping company.”</li>
<li id="cite_note-1"><a href="http://sourcewatch.org/index.php?title=Corbin_Robertson#cite_ref-1" title="">↑</a> Lee Fang (2010-10-20). <a href="http://climateprogress.org/2010/10/20/koch-big-oil-chamber-glenn-beck-plot-2010-election/" class="external text" title="http://climateprogress.org/2010/10/20/koch-big-oil-chamber-glenn-beck-plot-2010-election/" rel="nofollow">MEMO: Health insurance, banking, oil industries met with Koch, Chamber, Glenn Beck to plot 2010 election</a>. Climate Progress. Retrieved on 2010-10-31.</li>
<li id="cite_note-Mother_Jones_Exclusive-2"><a href="http://sourcewatch.org/index.php?title=Corbin_Robertson#cite_ref-Mother_Jones_Exclusive_2-0" title="">↑</a> Gavin Aronsen, <a href="http://motherjones.com/mojo/2011/09/koch-brothers-million-dollar-donor-club" class="external text" title="http://motherjones.com/mojo/2011/09/koch-brothers-million-dollar-donor-club" rel="nofollow">Exclusive: The Koch Brothers' Million-Dollar Donor Club</a>, Mother Jones, September 6, 2011</li>
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<h3><span class="mw-headline">Related SourceWatch articles</span></h3>
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<li><a href="http://sourcewatch.org/index.php?title=Plants_Need_CO2" title="Plants Need CO2">Plants Need CO2</a></li>
<li><a href="http://sourcewatch.org/index.php?title=CO2_Is_Green" title="CO2 Is Green">CO2 Is Green</a></li>
<li><a href="http://sourcewatch.org/index.php?title=Koch_Event_2010-06_Attendees" title="Koch Event 2010-06 Attendees">Koch Event 2010-06 Attendees</a></li>
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<p><a name="External_resources" id="External_resources"> </a></p>
<h3><span class="mw-headline">External resources</span></h3>
<p><a name="External_articles" id="External_articles"> </a></p>
<h3><span class="mw-headline">External articles</span></h3>
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<p>
<b>Natural Resource Partners</b> L.P. (NRP) is a master limited partnership headquartered in Houston, Texas, with its operational headquarters in Huntington, West Virginia. According to its website, the company "is principally engaged in the business of owning and managing coal properties, and coal handling and transportation infrastructure in the three major coal producing regions of the United States: <a href="http://sourcewatch.org/index.php?title=Appalachia" title="Appalachia">Appalachia</a>, the Illinois Basin and the <a href="http://sourcewatch.org/index.php?title=Powder_River_Basin" title="Powder River Basin">Powder River Basin</a>. NRP also owns and manages aggregate reserves in Arizona, Texas, West Virginia and Washington. In addition the partnership manages oil and gas properties and timber assets in Appalachia.<sup id="cite_ref-bs_0-0" class="reference"><a href="http://sourcewatch.org/index.php?title=Natural_Resource_Partners#cite_note-bs-0" title="">[1]</a></sup>
The partnership does not actively engage in the mining of any of its minerals or natural resources, but rather leases its properties to various operators in exchange for royalty payments." NRP states that 5% of all coal mined in the U.S. is from NRP properties.<sup id="cite_ref-bs_0-1" class="reference"><a href="http://sourcewatch.org/index.php?title=Natural_Resource_Partners#cite_note-bs-0" title="">[1]</a></sup></p>
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<ul>
<li class="toclevel-1"><a href="http://sourcewatch.org/index.php?title=Natural_Resource_Partners#History"><span class="tocnumber">1</span> <span class="toctext">History</span></a></li>
<li class="toclevel-1"><a href="http://sourcewatch.org/index.php?title=Natural_Resource_Partners#CEO"><span class="tocnumber">2</span> <span class="toctext">CEO</span></a></li>
<li class="toclevel-1"><a href="http://sourcewatch.org/index.php?title=Natural_Resource_Partners#Mines"><span class="tocnumber">3</span> <span class="toctext">Mines</span></a></li>
<li class="toclevel-1"><a href="http://sourcewatch.org/index.php?title=Natural_Resource_Partners#Articles_and_resources"><span class="tocnumber">4</span> <span class="toctext">Articles and resources</span></a>
<ul>
<li class="toclevel-2"><a href="http://sourcewatch.org/index.php?title=Natural_Resource_Partners#Related_SourceWatch_articles"><span class="tocnumber">4.1</span> <span class="toctext">Related SourceWatch articles</span></a></li>
<li class="toclevel-2"><a href="http://sourcewatch.org/index.php?title=Natural_Resource_Partners#References"><span class="tocnumber">4.2</span> <span class="toctext">References</span></a></li>
<li class="toclevel-2"><a href="http://sourcewatch.org/index.php?title=Natural_Resource_Partners#External_resources"><span class="tocnumber">4.3</span> <span class="toctext">External resources</span></a></li>
<li class="toclevel-2"><a href="http://sourcewatch.org/index.php?title=Natural_Resource_Partners#External_articles"><span class="tocnumber">4.4</span> <span class="toctext">External articles</span></a></li>
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<p><a name="History" id="History"> </a></p>
<h2><span class="mw-headline">History</span></h2>
<p>Natural Resource Partners was formed in April 2002 with selected properties from the following companies:<sup id="cite_ref-1" class="reference"><a href="http://sourcewatch.org/index.php?title=Natural_Resource_Partners#cite_note-1" title="">[2]</a></sup></p>
<ul>
<li>Western Pocahontas Properties - formed in 1986 to acquire all the coal, timber and surface rights of <a href="http://sourcewatch.org/index.php?title=CSX_Corporation&action=edit&redlink=1" class="new" title="CSX Corporation (page does not exist)">CSX Corporation</a>. These assets constituted approximately 45% of Natural Resource Partner's (NRP) reserves at December 31, 2001.</li>
<li><a href="http://sourcewatch.org/index.php?title=Arch_Coal" title="Arch Coal">Arch Coal</a> - the second largest coal producer in the United States. The properties contributed to NRP by Arch accounted for approximately 40% of NRP's reserves at December 31, 2001.</li>
<li><a href="http://sourcewatch.org/index.php?title=Great_Northern_Properties" title="Great Northern Properties">Great Northern Properties</a> L.P. - formed in 1992 to acquire the coal-related assets of <a href="http://sourcewatch.org/index.php?title=Burlington_Northern_Santa_Fe_Railroad" title="Burlington Northern Santa Fe Railroad">Burlington Railroad</a>.</li>
<li>New Gauley Coal - as part of Western Pocahontas Properties' acquisition of the CSX properties, WPPLP acquired New Gauley Coal Corporation, which held additional properties in West Virginia.</li>
<li><a href="http://sourcewatch.org/index.php?title=Cline_Group" title="Cline Group" class="mw-redirect">Cline Group</a> - in February 2012, Natural Resource Partners completed the fifth acquisition of coal reserves at the <a href="http://sourcewatch.org/index.php?title=Deer_Run_Mine" title="Deer Run Mine">Deer Run Mine</a> near Hillsboro, Illinois from <a href="http://sourcewatch.org/index.php?title=Colt_LLC&action=edit&redlink=1" class="new" title="Colt LLC (page does not exist)">Colt LLC</a>, an affiliate of the <a href="http://sourcewatch.org/index.php?title=Cline_Group" title="Cline Group" class="mw-redirect">Cline Group</a>.<sup id="cite_ref-2" class="reference"><a href="http://sourcewatch.org/index.php?title=Natural_Resource_Partners#cite_note-2" title="">[3]</a></sup></li>
</ul>
<p><a name="CEO" id="CEO"> </a></p>
<h2><span class="mw-headline">CEO</span></h2>
<p>Corbin Robertson is CEO and chairman of the board of Natural Resource Partners. He has been involved with a number of other energy and capital organizations, and sits on the boards of the <a href="http://sourcewatch.org/index.php?title=American_Petroleum_Institute" title="American Petroleum Institute">American Petroleum Institute</a>. He was listed as the richest US small-business owner in 2007 by CNNMoney.<sup id="cite_ref-mj_3-0" class="reference"><a href="http://sourcewatch.org/index.php?title=Natural_Resource_Partners#cite_note-mj-3" title="">[4]</a></sup>
In June 2011, Robertson attended a closed strategy session of the billionaire <a href="http://sourcewatch.org/index.php?title=Koch_brothers" title="Koch brothers" class="mw-redirect">Koch brothers</a>, where <a href="http://sourcewatch.org/index.php?title=Charles_Koch" title="Charles Koch" class="mw-redirect">Charles Koch</a> said: "We have Saddam Hussein, this is the mother of all wars" in what appeared to be a reference to President Obama and the 2012 elections. Charles Koch then suggested that those in attendance could donate millions or billions of dollars toward the war.<sup id="cite_ref-mj_3-1" class="reference"><a href="http://sourcewatch.org/index.php?title=Natural_Resource_Partners#cite_note-mj-3" title="">[4]</a></sup>
<a name="Mines" id="Mines"> </a></p>
<h2><span class="mw-headline">Mines</span></h2>
<p>In February 2012, <strong class="selflink">Natural Resource Partners</strong> made its fifth -- out of the planned seven -- purchase of coal reserves at the <a href="http://sourcewatch.org/index.php?title=Deer_Run_Mine" title="Deer Run Mine">Deer Run Mine</a>. The company bought the reserves from <a href="http://sourcewatch.org/index.php?title=Colt_LLC&action=edit&redlink=1" class="new" title="Colt LLC (page does not exist)">Colt LLC</a>, an affiliate of the <a href="http://sourcewatch.org/index.php?title=Cline_Group" title="Cline Group" class="mw-redirect">Cline Group</a>. Natural Resource indicated that the construction of the new <a href="http://sourcewatch.org/index.php?title=Longwall_mine" title="Longwall mine" class="mw-redirect">longwall mine</a> is underway, and the company expects to start digging for coal in early 2012. Going forward, Natural Resource expects net income from the mine to exceed $40 million per year from the mine.
To date, Natural Resource has paid $215 million of the $255 million slated for the acquisition of approximately 200 million tons of reserves.<sup id="cite_ref-4" class="reference"><a href="http://sourcewatch.org/index.php?title=Natural_Resource_Partners#cite_note-4" title="">[5]</a></sup>
<a name="Articles_and_resources" id="Articles_and_resources"> </a></p>
<h2><span class="mw-headline">Articles and resources</span></h2>
<p><a name="Related_SourceWatch_articles" id="Related_SourceWatch_articles"> </a></p>
<h3><span class="mw-headline">Related SourceWatch articles</span></h3>
<ul>
<li><a href="http://sourcewatch.org/index.php?title=U.S._coal_politics" title="U.S. coal politics">U.S. coal politics</a></li>
<li><a href="http://sourcewatch.org/index.php?title=Cline_Group" title="Cline Group" class="mw-redirect">Cline Group</a></li>
</ul>
<p><a name="References" id="References"> </a></p>
<h3><span class="mw-headline">References</span></h3>
<div class="references-small" style=" -moz-column-count: 2; column-count: 2;">
<ol class="references">
<li id="cite_note-bs-0">↑ <sup><a href="http://sourcewatch.org/index.php?title=Natural_Resource_Partners#cite_ref-bs_0-0" title="">1.0</a></sup> <sup><a href="http://sourcewatch.org/index.php?title=Natural_Resource_Partners#cite_ref-bs_0-1" title="">1.1</a></sup> <a href="http://www.nrplp.com/default.aspx/MenuItemID/496/MenuGroup/Home.htm" class="external text" title="http://www.nrplp.com/default.aspx/MenuItemID/496/MenuGroup/Home.htm" rel="nofollow">"About NRPLP"</a> Natural Resource Partners Website, accessed January 2011.</li>
<li id="cite_note-1"><a href="http://sourcewatch.org/index.php?title=Natural_Resource_Partners#cite_ref-1" title="">↑</a> <a href="http://www.nrplp.com/default.aspx/MenuItemID/505/MenuGroup/About.htm" class="external text" title="http://www.nrplp.com/default.aspx/MenuItemID/505/MenuGroup/About.htm" rel="nofollow">"Formation of NRP"</a> Natural Resource Partners Website, accessed January 2011.</li>
<li id="cite_note-2"><a href="http://sourcewatch.org/index.php?title=Natural_Resource_Partners#cite_ref-2" title="">↑</a> <a href="http://www.marketwatch.com/story/natural-resource-partners-lp-completes-fifth-acquisition-of-coal-reserves-at-deer-run-mine-in-illinois-basin-2012-02-02?reflink=MW_news_stmp" class="external text" title="http://www.marketwatch.com/story/natural-resource-partners-lp-completes-fifth-acquisition-of-coal-reserves-at-deer-run-mine-in-illinois-basin-2012-02-02?reflink=MW_news_stmp" rel="nofollow">"Natural Resource Partners L.P. Completes Fifth Acquisition of Coal Reserves at Deer Run Mine in Illinois Basin"</a> MarketWatch, Feb. 2, 2012.</li>
<li id="cite_note-mj-3">↑ <sup><a href="http://sourcewatch.org/index.php?title=Natural_Resource_Partners#cite_ref-mj_3-0" title="">4.0</a></sup> <sup><a href="http://sourcewatch.org/index.php?title=Natural_Resource_Partners#cite_ref-mj_3-1" title="">4.1</a></sup> <a href="http://motherjones.com/politics/2011/09/exclusive-audio-koch-brothers-seminar-tapes" class="external text" title="http://motherjones.com/politics/2011/09/exclusive-audio-koch-brothers-seminar-tapes" rel="nofollow">"Exclusive Audio: Inside the Koch Brothers' Secret Seminar"</a> Mother Jones, Sep. 6, 2011.</li>
<li id="cite_note-4"><a href="http://sourcewatch.org/index.php?title=Natural_Resource_Partners#cite_ref-4" title="">↑</a> <a href="http://www.marketwatch.com/story/natural-resource-partners-lp-completes-fifth-acquisition-of-coal-reserves-at-deer-run-mine-in-illinois-basin-2012-02-02?reflink=MW_news_stmp" class="external text" title="http://www.marketwatch.com/story/natural-resource-partners-lp-completes-fifth-acquisition-of-coal-reserves-at-deer-run-mine-in-illinois-basin-2012-02-02?reflink=MW_news_stmp" rel="nofollow">"Natural Resource Partners L.P. Completes Fifth Acquisition of Coal Reserves at Deer Run Mine in Illinois Basin"</a> MarketWatch, Feb. 2, 2012.</li>
</ol>
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<p><a name="External_resources" id="External_resources"> </a></p>
<h3><span class="mw-headline">External resources</span></h3>
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<h3><span class="mw-headline">External articles</span></h3>
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