Gas Shortage Shifts From Texas to Florida
Truckers who hauled gasoline to Texas last week from Florida may run the same route in reverse next week as Hurricane Irma bears down on the Sunshine State.
Truckers who hauled gasoline to Texas last week from Florida may run the same route in reverse next week as Hurricane Irma bears down on the Sunshine State.
US Sec. of the Interior Ryan Zinke appointed 18 primary and 20 alternate members to the royalty policy committee he announced he would form in March. The committee, which includes 3 officials from the oil and gas industry as primary mineral and energy stakeholder members and 7 as alternates, is scheduled to hold its first meeting on Oct. 4.
Mega-weather events historically have impacted the regional/national oil supply chain and supply levels in the marketplace. Hurricane Harvey, and the uncertain path of Hurricane Irma, will drive continued conversation about storm effects on refineries and other energy infrastructure and the potential for market impacts around the country.
The primary focus along the Texas Gulf Coast is on search and rescue efforts... Energy companies, which themselves have thousands of employees living in the area, are helping support organizations such as the Red Cross, the United Way of Houston and others that provide emergency services.
Harvey is expected to leave behind billions of dollars in damages in its wake. Here's a look at what energy companies are doing to help.
Colonial, the biggest fuel pipeline in the U.S., says its system is starting to have problems in Texas
Hurricane's impact shows how dependent U.S. is on a small number of refineries and pipelines
President Trump signed an executive order on Aug. 25, to restrict Venezuelan President Nicolas Maduro's access to the U.S. economy. National security adviser H.R. McMaster said the action strongly punishes Maduro's "illegitimate dictatorship."
"No longer will we tolerate one job-killing delay after another. No longer will we accept a broken system that benefits consultants and lobbyists at the expense of hard-working Americans."
Gasoline prices in Texas and nationwide continue to spike, but they're unlikely to grow much higher in the final weeks of the summer.