That line was used in the 1800s
Most Likely before Christ!
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Politicians are not the only things for sale:
Yes, the Saudi government owns the largest oil refinery in the U.S.
Saudi Arabia-owned Aramco acquired full ownership of the largest U.S. oil refinery in 2017.
 
Credit: AP
The Motiva refinery, the largest oil refinery in North America, is shown Monday, March 23, 2020, in Port Arthur, Texas. (AP Photo/David J. Phillip)
Author: Emery Winter
Published: 5:44 PM CST December 12, 2022
Updated: 5:44 PM CST December 12, 2022
 
The national average gas price in the U.S. hit a record high this year when it reached just over $5 in mid-June, according to AAA data. As of Dec. 12, 2022, those prices have dropped to $3.26. Although that’s significantly lower than prices were at their most expensive, U.S. Energy Information Administration (EIA) data shows that’s still well above the $2.64 average in Jan. 2020, just before the start of the COVID-19 pandemic.
With gas prices remaining high, Americans continue to scrutinize the oil production and prices in OPEC countries, particularly oil-rich Saudi Arabia. The White House criticized OPEC in October when it reduced oil production shortly before Saudi Arabia’s decision to raise oil prices for the U.S. while lowering prices for European markets.
One Twitter user asked VERIFY if the largest oil refinery on U.S. soil is owned by the Kingdom of Saudi Arabia.
THE QUESTION
Does Saudi Arabia own the largest oil refinery in the U.S.?
THE SOURCES
U.S. Energy Information Administration (EIA) Saudi Aramco MotivaPress releases from Shell, the Saudi government, Aramco and Motiva
THE ANSWER |
