Oil Trade in Throes of Historic Shift

by: energytribune Posted date: October 17, 2012 In: Headlines

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Mexico, Nigeria, Saudi Arabia, UK, Venezuela: the origins of tankers docking at the Texas port of Corpus Christi once read like a roll call of top oil-exporting nations.

The list has now shortened. And, for the first time since the 1940s, the port is handling outbound crude shipments as millions of barrels flow from the nearby Eagle Ford shale region.

“It’s unbelievable,” says Frank Brogan, deputy port director. “Imported crude was our mainstay cargo for decades.”