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The energy story this week is still centered in the aftermath
of Harvey and Irma – and how those storms will continue to impact
the energy markets from both a supply and demand side. The obvious
outcome in the Gulf Coast of Harvey has been a lot of crude oil
waiting to be turned into product. Much of that crude was
intelligently shipped into the Gulf Coast in front of the storm,
swelling storage there and in Cushing. There is now a tremendous
pressure among the refiners to restart operations as quickly as
possible and restore product inventories…
of Harvey and Irma – and how those storms will continue to impact
the energy markets from both a supply and demand side. The obvious
outcome in the Gulf Coast of Harvey has been a lot of crude oil
waiting to be turned into product. Much of that crude was
intelligently shipped into the Gulf Coast in front of the storm,
swelling storage there and in Cushing. There is now a tremendous
pressure among the refiners to restart operations as quickly as
possible and restore product inventories…
The energy story this week is still centered in the aftermath
of Harvey and Irma – and how those storms will continue to impact
the energy markets from both a supply and demand side. The obvious
outcome in the Gulf Coast of Harvey has been a lot of crude oil
waiting to be turned into product. Much of that crude was
intelligently shipped into the Gulf Coast in front of the storm,
swelling storage there and in Cushing. There is now a tremendous
pressure among the refiners to restart operations as quickly as
possible and restore product inventories…
of Harvey and Irma – and how those storms will continue to impact
the energy markets from both a supply and demand side. The obvious
outcome in the Gulf Coast of Harvey has been a lot of crude oil
waiting to be turned into product. Much of that crude was
intelligently shipped into the Gulf Coast in front of the storm,
swelling storage there and in Cushing. There is now a tremendous
pressure among the refiners to restart operations as quickly as
possible and restore product inventories…
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