SAUDIS OWN THE CROWN JEWEL OF AMERICAN REFINERIES

IN BEGINNING OF MAY , SAUDI ARABIA ’ S ARAMCO BECAME THE SOLE OWNER OF THE LARGEST US OIL REFINERY , MOTIVA ENTERPRISES LLC , ITS NAME AND LEGAL ENTITY , INCLUDING THE REFINERY IN PORT ARTHUR , TEXAS , CEMENTING ITS ACCESS TO THE LUCRATIVE U . S . ENERGY MARKET AT A CRITICAL TIME FOR ENTIRE OIL INDUSTRY