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| Economy |
| Trump Announces First New Refinery in 50 Years |
| 2026-03-12 |
| [SpectrumLocalNews] President Donald Trump announced plans to open the first oil refinery in the United States in 50 years, and it’s in Brownsville, Texas, according to a Truth Social post. Trump stated that the project, which is a $300 billion deal funded with the help of Indian multinational conglomerate Reliance Industries, will expand American jobs along with other economic prospects. “It is because of our America First Agenda, streamlining Permits, and lowering Taxes, that have attracted Billions of Dollars in Deals coming back to our Nation,” Trump said. “A new Refinery at the Port of Brownsville, will fuel U.S. Markets, strengthen our National Security, boost American Energy production, deliver Billions of Dollars in Economic impact, and will be THE CLEANEST REFINERY IN THE WORLD.” More details on the project and the opening date are not available, but more announcements are expected soon. Related: Brownsville: 2025-10-20 Notoriously violent area of NYC BANS cops in bid to beat crime Brownsville: 2025-05-14 Utah Oil Magnate, Family Released on Bond After Cartel-Oil Smuggling Arrest Brownsville: 2025-04-25 Decline in migrant travel cutting into Valley airport budgets Related: Reliance Industries 09/04/2020 Indian Oil Corp-chartered oil tanker catches fire off Sri Lanka Reliance Industries 05/09/2020 Venezuelan Oil Exports Rise in April Despite Rosneft Sanctions Reliance Industries 02/01/2019 Glut of Tankers Stuck Off Venezuela as U.S. Sanctions Bite |
| Posted by:NoMoreBS |
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| Posted by: Procopius2k 2026-03-12 14:16 |
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| Posted by: Whiskey Mike 2026-03-12 07:00 |