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Proposals pile up as oil companies crave more export capacity
8/16/2019

At least eight offshore oil export terminals have been proposed along the US Gulf Coast to serve as outlets for surging domestic oil production, but analysts expect only up to three plans to come to fruition. However, since the necessary infrastructure capacity is years away from being built, the Gulf Coast will probably be hit by a temporary oil glut, said Morningstar's Sandy Fielden said.

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