Biden Administration Approves Huge Texas Oil Export Project
Plans to build the nation’s largest oil export terminal off the Gulf Coast of Texas have been approved by the Biden-Harris administration.
According to World Oil, in its 94-page decision, the Maritime Administration wrote, “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 Port will provide a reliable source of crude oil to U.S. allies in the event of market disruption.”