The Biden administration has approved plans to build the nation’s largest oil export terminal off the Gulf Coast of Texas, which would add 2 million barrels per day to the U.S. oil export capacity. Via insideclimate:
“They keep asking the oil industry to expand its production and build more refineries. And yet they are saying we need to phase out fossil fuels,” Coleman said. “What they’ve said seems contradictory.”
At least 14 giant pumps with a combined output of 86,000 horsepower will be needed to move the oil from Houston to Freeport and then out to the offshore terminal. “Compared to facilities and processes used today, this project will create a safer, more efficient mechanism for exporting oil, and will play a key role in facilitating U.S. energy security,” a Maritime Administration spokesperson said in a statement.
“There was essentially this big race to build these,” Blum said. “Not all these projects are going to be built, so being the first mover is really important.”
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