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0 0 2.38410280252423E-05 2.38410280252423E-05 0.00079867443884189 -0.000369535934389426 -0.00194304378404796 -0.00194304378404796
Stock impact report

Enterprise's (EPD) Deepwater Oil Facility Gets Legal Green Signal [Yahoo! Finance]

Murphy USA Inc. (MUSA) 
Last murphy usa inc. earnings: 4/17 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Circuit Court of Appeals upheld federal approval for its proposed deepwater oil export facility along the Texas Gulf Coast. This decision, reported by Reuters on Thursday, reinforces the company's ambitious plans for expanding its energy infrastructure. According to the report, Judge Dana Douglas, speaking on behalf of a three-judge panel from the Fifth Circuit Court, stated that the U.S. Maritime Administration had meticulously evaluated the environmental impacts of the proposed facility before granting its deepwater port license. Douglas also indicated that the maritime agency reasonably determined that surplus crude oil in the United States would be exported through alternative means rather than the proposed port. Although Enterprise secured a record of decision for its Sea Port Oil Terminal late last year, the company is still awaiting formal approval from the U.S. government for the project. Additionally, a final investment decision is yet to be disclosed. Despite this lega Show less Read more
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