Trump Administration Approves Two Major Oil & Gas Export Projects

The Trump administration has signed off on permitting approvals for two major oil and gas export projects on the U.S. Gulf Coast: the Texas GulfLink offshore oil loading terminal, and the Commonwealth LNG plant in Louisiana. Both projects had been awaiting approval for years under the Biden administration.

Texas GulfLink (TGL) is one of several proposed deepwater oil loading terminals on the Gulf Coast, all designed to carry vast quantities of U.S. crude to buyers overseas, primarily in East Asia. America’s Gulf Coast seaports are too shallow to accommodate fully laden VL…