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Pastimes : Hurricane and Severe Weather Tracking -- Ignore unavailable to you. Want to Upgrade?

To: Wharf Rat who wrote (16682)	8/25/2017 10:25:30 AM
From: Wharf Rat	Read Replies (1) \| Respond to of 26067

Harvey Sends Gasoline Surging as Texas Refineries Shut Down’ bloomberg.com …Harvey has drifted from the southern Gulf of Mexico, regaining strength after passing over Mexico’s Yucatan Peninsula earlier this week. While its course has meant the storm isn’t shutting much oil and natural gas production in the Gulf, it’s set to hit a cluster of refineries that process almost 5 million barrels of oil a day. Gasoline futures in New York surged to the highest in four months in intraday trade, rising by as much as 4 percent to $1.7303 a gallon, and were at $1.7301 at 12:29 p.m. Singapore time. Oil pared a fourth weekly loss and traded at $47.75 a barrel…. The Port of Corpus Christi closed for all vessels sailing in or out as part of its hurricane preparations, officials said in an e-mailed statement. The U.S. Coast Guard shut Houston-Galveston ports to inbound vessels, and energy companies are shutting fuel terminals…. – Anadarko Petroleum Corp., Exxon Mobil Corp., Royal Dutch Shell Plc are among the energy explorers that have shut platforms in the Gulf of Mexico; ConocoPhillips and EOG Resources Inc. are among those that have halted drilling in Texas – Refiners including Valero Energy Corp. shut plants, forcing about 1 million barrels a day of crude and condensate capacity in Texas offline – Kinder Morgan Inc. declared force majeure at natural gas compressor stations; DCP Midstream LPshut gas capacity in south-central Texas; and Enbridge Inc. evacuated non-essential workers from some platforms – Soybean futures climbed Thursday as crops in Louisiana and Mississippi may be damaged; grain elevators including Corpus Christi Grain Co. suspended shipments – Rain could damage almost 200,000 cotton bales in region, said Chris Yaklin, general manager of Gulf Coast Cooperative – BNSF was halting traffic from Galveston Island late Thursday and holding Galveston-bound trains until further notice – Policyholder-owned State Farm Mutual Automobile Insurance Co. has the largest share in the market for home coverage in Texas, followed by Allstate Corp., Farmers Insurance and United Services Automobile Association, according to data compiled by A.M. Best Co.