Following the 40-year ban on crude oil exports, the Port of Corpus Christi handled the first shipment of U.S. crude oil abroad on 31 December 2015. Its location on the Gulf of Mexico and proximity to the West Texas oil and gas boom has created a massive increase in demand and traffic for the Port of Corpus Christi.
Three years later, in 2018, the Port of Corpus Christi went from zero crude exports to exporting $10.8 billion worth of crude oil to U.S. trading partners contributing to the offset of the United States trade deficit. As a leading U.S. crude oil export port and a major economic engine of Texas and the nation, the Port of Corpus Christi is now the 4th largest port in the United States in total tonnage.
WHAT:
Remarks and formal program commencing the Corpus Christi Ship Channel expansion
WHO:
Honorable R.D. James, Assistant Secretary of the Army, Civil Works U.S. Rep. Kevin Brady (TX-08), Ranking Member, House Ways and Means Committee U.S. Rep. Michael Cloud (TX-27) Sean Strawbridge, Port of Corpus Christi Chief Executive Officer Charles Zahn, Port of Corpus Christi Commission Chairman
WHEN & WHERE:
10:00 a.m. CST, Wednesday, May 29, 2019 Solomon P. Ortiz International Center (Outside Veranda) 402 Harbor Drive, Corpus Christi, TX 78401
