Wall Street Breakfast Japan sends $36B flowing into U.S. energy
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Feb 18, 2026 Japan-backed financing will funnel $36 billion into U.S. oil, gas, and critical minerals projects across Texas, Georgia, and Ohio. SoftBank’s energy arm is tied to a massive Portsmouth power development. Plans include a large Texas crude export terminal and a $600 million synthetic diamond plant. Tech news covers a global YouTube recommendation outage and Palantir’s headquarters move to Miami.
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Japan's $36B U.S. Energy Push
- Japan will invest $36 billion across U.S. oil, gas, and critical mineral projects as part of a larger trade pledge.
- Major projects include a 9.2 GW Portsmouth-powered land project in Ohio and investments by SoftBank and Element 6.
Ohio Project And Industrial Targets
- The Portsmouth project will generate 9.2 gigawatts of electricity yearly and be operated by SB Energy, a SoftBank unit.
- Element 6 will run a $600 million synthetic diamond plant, showing diverse industrial targets for the funds.
Texas Export Terminal's Big Export Potential
- Japan's backing includes a $2.1 billion Texas Gulf Link Deepwater Crude Oil Export Facility off Texas.
- At full capacity, the terminal could support $20–30 billion in annual U.S. crude exports.