Clifford hasn’t been keeping up with the business. Motiva has been in the US refining market for years.
http://www.motivaenterprises.com/terminals.html
Motiva is the third largest refiner in the Gulf Coast. We own and operate three refineries located in Covent and Norco, Louisiana and Port Arthur, Texas with a combined refining capacity of over 1 million barrels of crude oil per day.
http://en.wikipedia.org/wiki/Motiva_Enterprises
Yes, that’s true. This is not the only refinery in the US the Saudis are involved in.
This article is about a year old but I thought it was relevant to what is going on now.
But you make a good point ... this is not the total of the Saudis involvement in US businesses and critical industries and infrastructure.
Then it became the Port Arthur Refinery, then Star Enterprises and finally Motiva in 2002. Saudi Arabia bought their stake in 1989.