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When Mount Redoubt erupted last month, people started worrying what it would mean for the nearby Drift River oil terminal, built at its base, just 22 miles from the cone. The potential for economic disruption was obvious, and the risk of an environmental disaster was enormous.

So this week, McClatchy decided to investigate: "Why was [this] oil terminal built at the base of an active volcano?"

Chevron-managed Cook Inlet Pipe Line Company owns the terminal, which fell into their hands when Chevron purchased Unocal in 2005. Employees claim they don't know the facility's history beyond that. McClatchy found evidence in their investigation that Unocal acquired the facility at some point from Mobil (or from someone who acquired it from Mobil). Mobil was one of Cook Inlet Pipe Line Company's original owners.



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