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Harvey knocks out more refineries, shifting global oil flows

Thursday, August 31, 2017   (0 Comments)
Posted by: Annie Nguyen

Harvey knocks out more refineries, shifting global oil flows

Wednesday, August 30th 2017, 3:41 pm CDTThursday, August 31st 2017, 8:12 am CDT

It will be days or even weeks before the energy sector in the southeast Texas Gulf Coast is back to normal operations as it deals with flooding in the aftermath of Harvey, which has been downgraded to a tropical storm. The region from Corpus Christi, Texas, where Harvey made landfall, to the Louisiana state line accounts for about 3 percent of the U.S. economy and is a crucial export market for oil and chemicals.

Wednesday brought news that the nation's biggest refinery, which was already running below half-speed, had begun a complete shutdown...

 

https://www.washingtonpost.com/business/harvey-knocks-out-more-refineries-shifting-global-oil-flows/2017/08/30/27f3fed8-8dc3-11e7-9c53-6a169beb0953_story.html?utm_term=.79f2ec92f618


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