Tag Archives: infrastructure

Trump Signs Permits to Export Texas Oil to Mexico Through New Infrastructure

oil

US President Donald Trump has signed orders green-lighting the added export of Texas crude oil to Mexico through new infrastructure.

“In a few moments, I will sign four critical permits granting approval to vital pipeline and railway infrastructure on our nation’s border,” Trump said before signing the documents on Wednesday. “This will include two permits allowing the export of Texas crude [oil] to Mexico.”

The White House said the two pipelines belong to Nustar Logistics, L.P.

One of the permits said it allows NuStar Energy to construct, connect, operate, and maintain pipeline at the US-Mexico border for the purposes of transporting crude oil, liquified natural gas and other energy products.

A second presidential decree renews the NuStar’s permit to maintain and operate existing pipeline infrastructure in Hidalgo County, Texas.

Sputnik

President to Focus on $1.5 Million Infrastructure Plan in SOTU

highway.JPG

President Donald Trump, in his State of the Union speech Tuesday, plans to discuss a $1.5 trillion infrastructure improvement plan, White House economic advisor Gary Cohn told CNBC.

Fresh off a victory on a tax reform plan that Congress approved in December, the president next wants to focus on rebuilding the nation’s aging system of highways, transportation and other public works facilities.

In an interview on “Squawk Box,” Cohn called infrastructure “the next leg of the stool in our economic agenda.”

CNBC