{"id":24927,"date":"2017-08-28T12:25:19","date_gmt":"2017-08-28T17:25:19","guid":{"rendered":"http:\/\/olduvai.ca\/?p=24927"},"modified":"2017-08-28T12:25:19","modified_gmt":"2017-08-28T17:25:19","slug":"gas-station-shortages-expected-in-texas-as-gulf-coast-premiums-hit-record-highs","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=24927","title":{"rendered":"Gas Station Shortages Expected In Texas As Gulf Coast Premiums Hit Record Highs"},"content":{"rendered":"

Gas Station Shortages Expected In Texas As Gulf Coast Premiums Hit Record Highs<\/a><\/h3>\n
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According to retail fuel supplier Mansfield Oil<\/a>, short-term fuel supplies for Houston and San Antonio are significantly impacted<\/strong> by Tropical Storm Harvey.<\/p>\n

Bloomberg reports that San Antonio and Houston supplies are at code red<\/strong>, while Corpus Christi was downgraded to code orange as terminals have come online already and limited spot supplies are available.<\/p>\n

For now, GasBuddy.com reports<\/a> a number of stations are still open, though prices are rising…<\/p>\n

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However, the Gulf Coast CBOB\u00a0gasoline spread to NYMEX futures rose 9.50c to a 16.50c\/gal. premium – the highest on record in data from 2012.<\/strong><\/p>\n

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The U.S. could see 30 percent of refining capacity shut on Harvey and if the storm moves up the Texas coast toward Louisiana, then\u00a0additional shutdowns could occur<\/strong> in Port Arthur and Beaumont as well as in Lake Charles, Louisiana, Tudor Pickering Holt & Co. LLC analysts said. Port Arthur is home to the nation\u2019s largest refinery operated by Motiva Enterprises LLC.<\/p>\n

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Scientists Warn Current Yellowstone Quake-Swarm “Could Rip\u2026<\/strong><\/p>\n

U.S. Geological Survey (USGS) seismology reports conclude that a massive swarm of earthquakes swept through the park\u2026<\/p>\n<\/div>\n<\/div>\n

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\u201cThere\u2019s a big drop-off suddenly in crude oil demand,\u201d<\/strong><\/em>\u00a0John Kilduff, a partner at Again Capital LLC, a New York-based hedge fund, said by telephone. \u201cWe have a supply disruption event in gasoline production. Gasoline demand in the balance of the country is still elevated, so we could see a real impact on gasoline inventories if these refineries are unable to get restaffed quickly.\u201d<\/strong><\/em><\/p>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"

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 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3,4],"tags":[8715,15736,15724,2063,4318],"class_list":["post-24927","post","type-post","status-publish","format-standard","hentry","category-energy-2","category-environment","tag-gas-shortages","tag-gas-station-shortages","tag-hurricane-harvey","tag-texas","tag-zerohedge"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/24927","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24927"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/24927\/revisions"}],"predecessor-version":[{"id":24928,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/24927\/revisions\/24928"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}