Harvey throws a wrench into U.S. energy engine


  • World
  • Monday, 28 Aug 2017

Jesus Rodriguez rescues Gloria Garcia after rain from Hurricane Harvey flooded Pearland, in the outskirts of Houston, Texas, U.S. August 27, 2017. REUTERS/Adrees Latif

HOUSTON (Reuters) - A hurricane in the heart of the U.S. energy industry is set to curtail near-record U.S. 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 percent of U.S. refining capacity, a quarter of oil production from the U.S. Gulf of Mexico, and closed ports all along the Texas coast.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Tesla layoffs draw suit claiming not enough warning for workers
Truce crumbles in Sudanese army's last Darfur holdout
Report urges fixes to online child exploitation CyberTipline before AI makes it worse
Indonesia's biggest party confirms President Jokowi no longer a member after backing Prabowo
South Korea, Romania pledge defence cooperation amid reports of contract in works
Ukraine launches military charm offensive as conscription flags
Your brain waves are up for sale. A new law wants to change that.
Russian drone attack injures nine in Ukraine's Odesa, officials say
In Brazil, hopes to use AI to save wildlife from roadkill fate
As consumers lose millions to gift card scams, US lawmakers pressure businesses

Others Also Read