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Houston Ship Channel Construction
$58,350,000 (1 comment ↓)
Rep. Pete Olson (TX-22) requests $58,350,000 for:
Port of Houston Authority
P.O. Box 2562
Houston, TX 77252
Summary
The Port of Houston is the 7th largest container port in the United States and serves 50 million consumers within a 500-mile radius. In 2007, the Port of Houston provided $285 billion in economic value, $72 billion in personal income, and $16.2 billion in Federal Taxes. It is also home to the second largest petrochemical complex in the world and the largest refinery in the United States. In order to keep the Port of Houston operating at full capacity, the Houston Ship Channel must be maintained. The increased natural shoaling has placed greater pressure on the Port's capacity to store and manage dredge material and without increasing capacity they will not be able to dredge the channel. Without this necessary funding, dredged material capacity will be unavailable and material will be pumped longer distances increasing the cost of dredging for the same volume of material dredged the previous year. This request is for additional construction.
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Visitor Comments
Anon-RD
July 23, 2009, 5:42pm (report abuse)If the port is so profitable, why don't they fund this project themselves?