Texas Deepwater Oil Export Projects Stall

Four projects were planned offshore Texas before multiple crises hit the industry in the 2020s and changed trade oil flows.
The first approval of a Texas deepwater port came earlier this month when the United States Maritime Administration (MARAD) issued the deepwater port license for the Sea Port Oil Terminal.
EIA: the Netherlands received more U.S. crude oil exports than any other country in 2023, averaging 652,000 bpd.