Texas Oil Booms as US-Iran Tensions Boost Port of Corpus Christi

Tensions between the U.S. and Iran are handing a major win to Texas oil, especially at the

port of Corpus Christi.

A fresh Wall Street Journal report shows the port smashed records in the first quarter,

with March tonnage hitting an all-time high, 20 percent, above February levels.

That spike lined up brightest military moves kicked off against Iran.

Crude oil flows through the port jump, too, up over 2 percent from last March, averaging

more than 2.4 million barrels a day.

It's turning the port into America's top hub for shipping out shale oil bounding to

global buyers.

Wall Street Journal reporter Ryan DeZemberer says this boom is huge for Corpus Christi,

where billions have poured into port upgrades and company.

Expansions over the past decade.

Those investments are paying off big, positioning Texas as a key alternative for world energy

needs.

The port alone has dropped more than $1 billion in the last 10 years to ramp up export

capacity.

Starting with oil prices climbing, Texas gas stays cheap way below national and global

averages.

All this means steady jobs and growth for the region amid the chaos overseas, keeping

the oil machine humming strong.

That's your update from El Paso News today, powered by AI.

I'm Corey with the story.