What is the need for a terminal on Harbor Island?

In 2015, the U.S. Congress lifted a decades-old ban on crude oil exports. Since that time, America’s export activities have skyrocketed, positioning the U.S. as a major global energy provider. Texas leads the way in domestic oil production, with the Permian Basin alone expected to produce more than 5 million barrels per day (bpd) by 2020. The development of a terminal on Harbor Island will help accommodate the additional 2.4M barrels per day that is on the way to the Port of Corpus Christi by way of three new pipelines, helping to bolster the US Gross Domestic Product and balance of trade in the process.

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