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Friday, October 6, 2017

Tropical Storm Nate's a'coming!

Second time is definitely not the charm. Energy companies started shutting down their US Gulf Coast operations ahead of Tropical Storm Nate's landing, affecting about 1 million barrels per day of production and potentially reducing US crude exports. About half of US refining capacity is located in the region.

https://www.reuters.com/article/us-storm-nate-energy/more-u-s-gulf-oil-producers-halt-output-ahead-of-tropical-storm-nate-idUSKBN1CB24N