Some of it might be due to Trump, but much of it was already it was already in the works.
Very accurate... Such decisions are several years in the making with numerous technical and financial benchmarks each intended to stop a project. I don't mean that in a negative sense. It is critical to weed out as early as possible projects with too high a level of technical or financial risk or lower performing than other options for spending capital dollars on.
Lyondell’s Channelview facility is a very impressive operation. Excellent integration and a couple units that rate as amazing. A propylene oxide unit of this scale will radically increase the facility's wastewater generation by volume although it is easy to handle, very biodegradable in a biological wastewater treatment plant.
Up stream of their barge docks on the San Jacinto River, about 30 years ago there was a massive fire on the river during extreme river flow caused by a tropical storm. The high flow unburied a large hydrocarbon line (gasoline I think) crossing under the river, the line ruptured and dumped gasoline in the river. It took some time before the safety shutdowns detected the ruptured line then once the shut down triggered, there were miles of blocked in pipe that emptied into the river. It was a wild week in Houston between the tropical storm, flooding and the river fire.
Capital plans are in the works all the time. But I guarantee you the decision to pull the trigger and start spending real money is greatly influenced by whether or not a business-friendly administration is in power.