Trump announces America is opening its first new oil refinery in 50 years

President Donald Trump announced on Tuesday that the U.S. is opening the first domestic oil refinery in the last half-century.

Trump claimed in a new post on Truth Social that the refinery will be located in Brownsville, Texas, and will be built using funds from a more than $300 billion investment deal struck with an Indian oil company called Reliance.

"THIS IS A HISTORIC $300 BILLION DOLLAR DEAL — THE BIGGEST IN U.S. HISTORY, A MASSIVE WIN for American Workers, Energy, and the GREAT...