Port of Corpus Christi has snapped its annual oil export record for six straight years, says CEO Sean Strawbridge From jefflagerquist
Ships line up at the Port of Corpus Christi, where they are being loaded with crude oil for shipping worldwide, in this handout picture taken July 2022.
The Texas state-run port has snapped its annual oil export record for six consecutive years, Strawbridge says. Volumes have climbed from an average of nine million barrels a month in 2016, the year following a decision by the U.S. Congress to repeal a ban on shipping crude abroad. Strawbridge says he was only six months into his tenure as CEO when Congress expanded the market to overseas buyers. To cope with the growth, he implemented "a very aggressive capital investment program" as the global conversation around energy transition was becoming mainstream.
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