Trump touts first new US oil refinery in 50 years
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14hon MSN
Indian Billionaire Mukesh Ambani Backing U.S. Refinery Deal Shows Shifting Global Energy Dynamics
The project—which would be first new oil refinery to be constructed in the U.S. in 50 years—is expected to produce 1.2 billion barrels of light shale oil worth $125 billion and 50 billion gallons of refined products valued at $175 billion.
A new oil refinery planned for Brownsville could bring thousands of jobs and a major energy investment to the region. But it could also pose risks to the region’s environment and water supply.