Shipping Waiver Prompts US Oil Flow From Texas to East Coast (1)

Phillips 66 is shipping oil from Texas to an East Coast refiner, the first cargo of US crude on that route using a foreign vessel since President Donald Trump waived a 100-year-old maritime law.

The Bakken oil — a light-sweet grade from shale formations in North Dakota and Montana — was loaded in early April at a Phillips 66 terminal in Beaumont, Texas, onto the Malta-flagged Htm Warrior, according to ship-tracking data compiled by Kpler. It will be delivered to the Trainer refinery in Pennsylvania, owned by Delta Air Lines unit Monroe Energy.

The use of a foreign-flagged vessel to ...