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Author Topic: Fossil Fuels: Degraded Democracy and Profit Over Planet Pollution  (Read 23776 times)

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  • Location: Colchester, Vermont
    • Renwable Revolution
Tanker Dumping Ballast Polluted Water with BMS (Ballast Management System). BMS is a fig leaf for in-your-face ocean pollution for fossil fuel profits.

The Booming Texas Port at the Center of U.S. Oil Exports

June 26, 2017 by Bloomberg


Last quarter, ships carrying about 22 million barrels destined for foreign countries left Corpus, government data show. That was almost 30 percent of the country’s total exports.

Daily export capacity could grow to 2.8 million barrels from 960,000 now, according to port officials. Houston, the second-biggest crude exporting hub, can ship 1.7 million barrels a day, said New York-based Timm Schneider, senior managing director for financial consultant Evercore ISI.

Right now, most of the ships handling crude in the port are Aframax carriers that hold about 600,000 barrels of crude. Once the dredging project is complete, Corpus Christi would be able to handle Suezmax tankers that load about 1 million barrels. The VLCCs like Anne hold as much as 2 million barrels, so they remain too big for the channel.

But producers are looking toward a day when the port can handle those big tankers, too.


Light is sown for the righteous, and gladness for the upright in heart. Ps. 97:11


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