J. Blum,Chronicle[br]A proposed Louisiana port project could define the ceiling for the future of the Texas shale oil boom, according to a new report.
While Houston and Corpus Christi are leading the way in the burgeoning crude oil export industry, and they could be surpassed by proposed plans to turn the Louisiana Offshore Oil Port into a "two-way LOOP" that ships out crude as well as receives it.
The LOOP is currently gauging customer interest for major crude exports. whether successful,LOOP could create oil exports comparable to the nation's growing liquefied natural gas export industry. whether the interest isn't there, we'll...
Source: realclearenergy.org