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Free from the jurisdiction of governmental or quasi-governmental authority beyond the state of Texas, the depository offers a safe storage facility for the bullion of both institutions and individuals and creates a more stable Texas economy.
Its capabilities include 118 billion cubic feet (BCF) of storage. The Houston Ship Channel and Houston's gas distribution company are important markets for gas stored at the Bammel facility. The facility was purchased by American Electric Power from Enron in 2001.
However, a June 2007 update floodplain map now indicated most of the facility was inside of 100-year floodplain, including the storage warehouses, backup generators and electrical transformers for commercial power. A smaller area of the facility was within the 500-year floodplain.
The SafeClear Program is a traffic program in the city of Houston, Texas, United States. The program requires that vehicles which are stalled due to any reason (engine troubles, out of gas, etc.) on Houston freeways be immediately towed.
An oil terminal (also called a tank farm, tankfarm, oil installation or oil depot) is an industrial facility for the storage of oil, petroleum and petrochemical products, and from which these products are transported to end users or other storage facilities.
The Port of Houston is one of the world's largest ports and serves the metropolitan area of Houston, Texas. The port is a 50-mile-long complex of diversified public and private facilities located a few hours' sailing time from the Gulf of Mexico.
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