Texas deep-water port could slice oil cost. [Corpus Christi Deeport]
A $1 per barrel saving to Texas refiners and an opportunity to hold fuel oil prices down for customers could result if a proposed deep-water facility at Corpus Christi is approved. The $500 million facility, called Deeport, would include a 10-mile-long channel and three unloading docks able to accommodate all but the largest tankers, those over 400,000 tons. The Corps of Engineers is preparing an environmental impact statement, to be followed by public hearings and a final decision, if possible, by the end of 1978. Two competing proposals are also seeking government approval. A deep-water port is needed to eliminate the present expensive processes of transshipping and lightering. Five oil companies back the proposal. The cost of shipping oil by tanker is expected to increase because of an effort to eliminate many of the smaller ships, but the Deeport facility will more than offset the new costs.
- OSTI ID:
- 6689988
- Journal Information:
- Energy User News; (United States), Journal Name: Energy User News; (United States) Vol. 3:25; ISSN EUSND
- Country of Publication:
- United States
- Language:
- English
Similar Records
Ethylene plant commissioned at Corpus Christi
Subsurface geology of Corpus Christi Bay, Neuces County, Texas
Related Subjects
022000 -- Petroleum-- Transport
Handling
& Storage
29 ENERGY PLANNING, POLICY, AND ECONOMY
294002* -- Energy Planning & Policy-- Petroleum
ATLANTIC OCEAN
CARIBBEAN SEA
COASTAL WATERS
CONSTRUCTION PERMITS
DEEP WATER OIL TERMINALS
ECONOMIC IMPACT
ECONOMICS
ENERGY SOURCES
ENVIRONMENTAL IMPACTS
FOSSIL FUELS
FUELS
GULF OF MEXICO
INDUSTRY
LICENSES
NORTH AMERICA
PETROLEUM
PETROLEUM INDUSTRY
SEAS
SHIPS
SITE SELECTION
SOUTHWEST REGION
SURFACE WATERS
TANKER SHIPS
TERMINAL FACILITIES
TEXAS
UNLOADING
USA