Overview
- President Trump announced on Truth Social that a refinery is planned for the Port of Brownsville in Texas, which he billed as the first new U.S. facility in roughly 50 years.
- He credited a more-than-$300 billion investment he attributes to India’s Reliance, calling the project a major win for energy and jobs.
- Newsweek reported that specifics of the agreement and project timeline were not immediately available, and no independent confirmations were cited.
- Raw Story noted that crude prices neared $120 a barrel over the weekend following the administration’s war in Iran.
- AAA reported the national average gas price at $3.54 per gallon on Tuesday, about 40 cents higher than a week earlier.