Trump Announces Historic $300 Billion Oil Refinery in Texas, Credits Reliance.
US President Donald Trump on Tuesday unveiled plans for what he called a historic investment to build the first new oil refinery in the United States in half a century. In a post on Truth Social, he thanked India and its largest privately held energy company, Reliance, for backing the project, though it remains unclear if the refinery is part of a broader pact with India.
The refinery, named America First Refining, is set to be built in Brownsville, Texas, as part of a USD 300 billion deal aimed at boosting US energy production, creating thousands of jobs, and strengthening economic ties with international partners. Trump described it as “the biggest deal in US history” and a milestone for the country’s energy sector.
“This new refinery will fuel US markets, strengthen national security, and boost American energy production,” Trump said. He added that the facility is expected to be “the cleanest refinery in the world,” delivering billions of dollars in economic impact while powering exports.
Trump credited his administration’s America First policies—streamlining permits and lowering taxes—for attracting large-scale investment into the US energy sector. “This is what American energy dominance looks like. America First, always!” he wrote.
The project is planned at the Port of Brownsville, a location chosen to serve both domestic markets and global exports. The refinery is expected to generate long-awaited economic growth in South Texas while creating thousands of new jobs for the region.
The announcement comes amid the ongoing Middle East conflict between Iran and the US-Israel coalition. The war has effectively closed the Strait of Hormuz, a critical chokepoint for a fifth of global oil and LNG supplies, sending crude prices soaring worldwide and prompting concerns over prolonged supply disruptions.
Earlier, in 2024, Dallas-based startup Element Fuels Holdings had proposed building the first entirely new US refinery in nearly 50 years in Brownsville, signaling renewed interest in domestic refining capacity. Trump’s announcement now marks the largest push yet toward revitalizing US energy infrastructure in decades.
Comments are closed.