The nation’s largest oil refinery shuts down as Hurricane Harvey floods Texas

Flood waters closed oil refineries Wednesday along the Texas Gulf Coast, including the nation’s largest, as Hurricane Harvey showed its power to ravage the energy infrastructure and drive up gasoline prices.

Some 15 refineries were going off line from Corpus Cristi, Texas, to Port Arthur, Texas, the Energy Department reported. The list included the largest refinery in the U.S., the Saudi-owned Motiva plant in Port Arthur, which began what it called “a controlled shutdown.”

Taken together, the closures represent about 25% of U.S. refining capacity, GasBuddy.com petroleum analyst Patrick DeHaan said.

Source: The nation’s largest oil refinery shuts down as Hurricane Harvey floods Texas

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