New US Refinery: A Historic Energy Deal with India
Annapolis News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
A groundbreaking energy project unfolds in South Texas, where the first new U.S. oil refinery in half a century is set to rise in Brownsville. Backed by Indias Reliance Industries, the $300 billion venture by America First Refining will process abundant American shale oil, create thousands of jobs, and operate as the worlds cleanest refinery. The partnership aims to balance trade between the U.S. and India, but energy economist Ed Hirs from the University of Houston doubts it will significantly lower gas prices for American drivers.
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