With many years gone by and many millions of dollars spent, the deepwater crude oil export projects under development along the U.S. Gulf Coast are finally getting close to receiving their regulatory green light. These projects have sparked commercial and wider market interest because of the many benefits they may provide — including the ability to fully load the biggest tankers, the Very Large Crude Carriers (VLCCs) capable of taking on 2 MMbbl, which could contribute to lower per-barrel shipping costs. In today’s RBN blog, we kick off an offshore oil terminal series, starting with the case for constructing at least one of the export projects.