Author Topic: Gulf Coast energy complex still licking wounds after Hurricane Harvey  (Read 828 times)

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Offline thackney

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Gulf Coast energy complex still licking wounds after Hurricane Harvey
http://www.chron.com/business/energy/article/Gulf-Coast-energy-complex-still-licking-wounds-12214895.php
September 20, 2017

...Fifteen of the 20 refineries that went down or slowed production have almost fully recovered, with about 1 million barrels a day of refining capacity still offline, IHS Markit said in an update on Wednesday.

"Steady progress appears to have been made and the four refineries in active restart may very well be operating normally by this weekend," IHS said.

Average U.S. gasoline prices have edged down by about 5 cents to $2.62per gallon of regular.

Demand for gasoline, particularly in the southwestern United States, has dropped this month as two major hurricanes destroyed cars and left roads impassable.

In Florida, motorists fleeing Hurricane Irma had boosted southeastern gas demand by 19 percent....
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Offline anubias

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Re: Gulf Coast energy complex still licking wounds after Hurricane Harvey
« Reply #1 on: September 21, 2017, 07:33:24 pm »
Gone down 2 cents a gallon here.