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Re: spec machine post# 7065

Friday, 11/25/2022 8:08:16 AM

Friday, November 25, 2022 8:08:16 AM

Post# of 7884
Add another offshore terminal to the list.

’Biden administration quietly approves huge Texas oil export project’

https://abc13.com/biden-plans-largest-oil-export-terminal-texas-gulf-coast-us-capacity-sea-port/12490194/

Excerpts:

“The construction and operation of the Port is in the national interest because the Project will benefit employment, economic growth, and U.S. energy infrastructure resilience and security,” the administration wrote. “The Port will provide a reliable source of crude oil to U.S. allies in the event of market disruption and have a minimal impact on the availability and cost of crude oil in the U.S. domestic market.”

“It will process more oil than the largest U.S. export terminal currently operating, Moda Ingleside Crude Export Terminal, owned by Enbridge in Texas, which moves up to 1.6 million barrels per day at the Port of Corpus Christi, the nation's top port for oil exports.”





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