The U.S. House of Representatives approved a bill to lift the 40 year old ban on crude oil exports from the United States. Approval of the bill came with a vote of 261 - 159 from Congress, and now awaits a vote in the Senate.
Crude oil exports from the U.S. have been banned since the 1970's.
Miranda Leah with KRIS TV interviewed Port Corpus Christi Executive Director, John LaRue, regarding possible impacts to our region if the export ban is lifted.
The Salt Lake Tribune - House OKs lifting 40-year-old U.S. ban on crude oil exports
The Charlotte Observer - House OKs lifting 40-year-old US ban on oil exports
Denton Record Chronicle - House OKs lifting U.S. ban on oil exports
More than 2,000 construction workers are currently working to bring the Hot Briquetted Iron (HBI), voestalpine Texas plant to production phase. The project at Port Corpus Christi's La Quinta Trade Gateway remains on schedule. The tower portion of the plant is almost to the final height of 137 meters. Workers are working to finish out the 600 meter long warehouse. The dock area at voestalpine Texas with cranes is ready for use.
An update on current progress was published by voestalpine, here.
Other recent news coming from voestalpine shows an eye towards further development in Mexico. As the world auto industry continues growth in Mexico, voestalpine Chief Executive, Wolfgang Eder expressed plans for company expansion into Mexico.
An agreement with Altos Hornos de Mexico is already in place to procure product from the voestalpine Texas HBI plant.
To All PORT USERS:
Port Tariff 100-A, Item 669, Access to Port Authority Property, was amended on April 21, 2015 primarily to reflect the deletion of obsolete information, and to provide users with clarification on how to enroll their Transportation Worker Identification Credential (TWIC), free of charge, into the Port Security Command Center Access Control System.
MOVE OUR PORT
Strategically located on the western Gulf of Mexico, Port Corpus Christi is the sixth largest port in the United States in total tonnage. With a straight, 45' deep channel, the Port provides quick access to the Gulf, the United States inland waterway system and the world beyond.