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US Releases 500,000 Barrels Of Oil From Strategic Reserve As Largest US Refinery May Be Shut For 2 Weeks
US Releases 500,000 Barrels Of Oil From Strategic Reserve As Largest US Refinery May Be Shut For 2 Weeks The U.S. Energy Department announced on Thursday that it would release 500,000 barrels of crude oil from the US Strategic Petroleum Reserve as a result of the disruption to the US petroleum industry following Hurricane Harvey […]
Gasoline Prices Surge After Colonial Pipeline Shutdown, East Coast Fuel Shortages Loom
Gasoline Prices Surge After Colonial Pipeline Shutdown, East Coast Fuel Shortages Loom Gasoline prices have exploded higher once again this morning – topping the Maginot Line of $2.00 for the first time since July 2015 – following reports that the main conduit for fuel from the Gulf to the East Coast has been shut due […]
CO2 is Changing the Jet Stream in Ways that will Create more Harveys
CO2 is Changing the Jet Stream in Ways that will Create more Harveys The flooding over Houston has become absolutely devastating, and now it is officially record-breaking. Parts of Southeast Texas have now seen 50 inches of rain since Friday — and the rain is still falling. “The record for total rainfall from a tropical […]
Arkema CEO: “No Way To Prevent Imminent Explosion” At Flooded Texas Chemical Plant
Arkema CEO: “No Way To Prevent Imminent Explosion” At Flooded Texas Chemical Plant Yesterday we reported, that in a potentially disastrous outcome from the Harvey flooding, a chemical plant in Crosby, Texas belonging to French industrial giant Arkema SA, has announced it is evacuating workers due to the risk of an explosion, after Tropical Storm […]
Houston Reeling Amid Outbreak Of Looting, Armed Robberies; Vigilantees Emerge
Houston Reeling Amid Outbreak Of Looting, Armed Robberies; Vigilantees Emerge Inevitably every major metropolitan crisis brings out the best and worst of what humanity has to offer. While hundreds/thousands of people have rushed into Houston following the epic destruction of Hurricane Harvey to help in any way possible, others have once again predictably chosen to […]
Harvey Makes Second Landfall In Louisiana After Leaving “Apocalyptic” Flooding, Record Rainfall In Texas
Harvey Makes Second Landfall In Louisiana After Leaving “Apocalyptic” Flooding, Record Rainfall In Texas Five days after it first plowed into southwest Texas as a category 4 hurricane, Tropical Storm Harvey has made second landfall west of Cameron on the border between Texas and Louisiana, early Wednesday according to the National Hurricane Center. The storm, […]
25 Oil Tankers Stuck In Gulf, Unable To Offload Due To Harvey Port Closures
25 Oil Tankers Stuck In Gulf, Unable To Offload Due To Harvey Port Closures According to ship-tracking data compiled by Bloomberg, coupled with MarineTraffic real-time tracking, at least 25 tankers carrying almost 17 million barrels of imported crude oil are drifting near Texas and Louisiana ports, unable to offload because of closures from Tropical Storm […]
Houston Warns Bridges And Roads Are “Starting To Fail”
Houston Warns Bridges And Roads Are “Starting To Fail” As Tropical Storm Harvey heads back inland, slamming southwest Texas with another 15-25 inches of rain, Housting officials are reporting that the city’s critical infrastructure is starting to fail under the weight of the floodwaters, and may soon collapse. According to Reuters, roads and bridges in […]
Harvey is already the worst rainstorm in U.S. history, and it’s still raining
Reuters / Richard Carson Harvey is already the worst rainstorm in U.S. history, and it’s still raining The pictures are heartbreaking, the statistics are mind-boggling. And, incredibly, it’s still getting worse. Since Hurricane Harvey made landfall in Texas late Friday night, more than 40 inches of rain have fallen in parts of the Houston metro […]
There Is “Eight Feet Of Water” On Houston Roads, And It’s About To Get Much Worse
There Is “Eight Feet Of Water” On Houston Roads, And It’s About To Get Much Worse Amid desperate efforts to save stranded citizens – police report over 3,000 rescues alone – and the arrival of the so-called ‘cajun navy’to assist, Harvey continues to pummel Texas, paralyzing Houston as the region braces for yet more rain […]
When the Butterfly Flaps Its Wings
When the Butterfly Flaps Its Wings It remains to be seen what the impact will be from Mother Nature putting the nation’s fourth largest city out-of-business. And for how long? It’s possible that Houston will never entirely recover from Hurricane Harvey. The event may exceed the physical damage that Hurricane Katrina did to New Orleans. […]
Gas Station Shortages Expected In Texas As Gulf Coast Premiums Hit Record Highs
Gas Station Shortages Expected In Texas As Gulf Coast Premiums Hit Record Highs According to retail fuel supplier Mansfield Oil, short-term fuel supplies for Houston and San Antonio are significantly impacted by Tropical Storm Harvey. Bloomberg reports that San Antonio and Houston supplies are at code red, while Corpus Christi was downgraded to code orange […]
Gasoline Spikes To 7-Month Highs After Harvey; Heating Oil, Crude Jump
Gasoline Spikes To 7-Month Highs After Harvey; Heating Oil, Crude Jump The entire energy futures complex is notably higher at the open with RBOB Gasoline spiking over 4% to its highest since January amid the carnage of Hurricane Harvey. Bloomberg reports that as a result of Harvey, which was the strongest storm to hit the […]
Hurricane Harvey Will Render Some Parts Of Texas ‘Uninhabitable For An Extended Period Of Time’
Hurricane Harvey Will Render Some Parts Of Texas ‘Uninhabitable For An Extended Period Of Time’ Do you remember what Hurricane Katrina did to New Orleans? Well, now we are watching the same thing happen to southeast Texas. On Friday, Hurricane Harvey made landfall as a category 4 hurricane. It is the first hurricane to make […]
