Friday, August 25, 2017

Bloomberg: Hurricane Harvey Strengthens as Refinery Risk Lifts Gasoline

https://www.bloomberg.com/news/articles/2017-08-25/harvey-strengthens-as-gasoline-surges-on-texas-refinery-threat

Hurricane Harvey Strengthens as Refinery Risk Lifts Gasoline

 
  • Exxon, Anadarko, Shell among energy explorers cutting output
  • Would be first major hurricane to hit U.S. since 2005’s Wilma
Hurricane Harvey strengthened as it headed toward landfall in Texas, forecast to become the worst storm to strike the region in more than a decade. The price of gasoline rallied as it threatened to wreak havoc on the heart of America’s energy sector.
Harvey became a Category 2 hurricane around midnight in Texas and was packing top .....

Economic news - CNNMoney.com