How Hurricane Harvey will impact prices at the gas pump - News Summed Up

How Hurricane Harvey will impact prices at the gas pump


Dean Evans, a Bolivar, Tex., resident who said he would remain home during Hurricane Harvey, fills a container with gasoline. Enterprise via AP) (Guiseppe Barranco/AP)Hurricane Harvey has barreled into the heart of the U.S. oil and gas industry, prompting the sudden evacuation of workers. Oil and gas companies have shut down about a quarter of oil and gas production in the Gulf of Mexico, according to a U.S. Bureau of Safety and Environmental Enforcement survey Saturday. “We are in the process of assessing the condition of our Corpus Christi refineries following Hurricane Harvey,” spokesman Jake Reint said in an email. Crude oil prices could remain stable.


Source: Washington Post August 27, 2017 22:33 UTC



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