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Crude oil exports are booming at Louisiana Offshore Oil Port
6/18/2019

The Louisiana Offshore Oil Port is pushing out more crude than ever as surging US oil production and access to infrastructure have boosted the number of large export-bound oil tankers in the first half of the year by more than 100%, according to LOOP President Terry Coleman. Once the largest entry point for imported crude, about 40% of cargoes loaded at the port now carry US crude oil to overseas markets, Coleman added.

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