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Hurricane Harvey forces some refineries closed, pushes gas prices up

  • Friday, August 25, 2017
  • Posted By Meagan Wildfong

082517 Source: Fuel Fix & S&P Global Platts | August 25, 2017 | Jordan Blum

 

As Hurricane Harvey barrels into Texas refining hubs, gasoline prices have already begun to rise in Houston and nationwide.

Large Corpus Christi refiners Valero Energy, Flint Hills Resources and Citgo Petroleum said they're temporarily shutting down gasoline production along Corpus' refinery row, while Houston-area refiners are continuing to closely monitor the massive storm.

More than 25 percent of the nation's gasoline is refined along the Texas Gulf Coast. More than 50 percent comes from the entire Gulf Coast region, including inland Texas and Louisiana, according to the U.S. Energy Department.

 

Motorists were stacked rows deep at many Houston-area gas stations Thursday and Friday to fill their tanks, while some gas stations ran out of fuel at least temporarily.

 

To finish reading the Fuel Fix article, please follow this link.

 

Offshore Refineries Gas Prices Harvey

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