Hurricane Harvey throws a wrench into US energy engine
Storm knocks out 11% of US refining capacity, a quarter of oil production from the US Gulf of Mexico
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A HURRICANE in the heart of the US energy industry is set to curtail near-record US oil production for several weeks, with the impact expected to reverberate throughout the country and across international energy markets.
Harvey hit the Texas shore as a fierce Category 4 hurricane, causing massive flooding that has knocked out 11 per cent of US refining capacity, a quarter of oil production from the US Gulf of Mexico, and closed ports all along the Texas coast.
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