USGC refiners, ports recovering from Harvey

1 Sep 2017   USA

US Gulf Coast refineries and ports were in the process of returning to service Friday, as the industry continued its recovery efforts following Hurricane Harvey. While roughly 2.9 million-3.9 million b/d of Texas refining capacity remained off-line, Valero was looking to resume full operations at its Corpus Christi and Three Rivers plants in several days, while Citgo said it was restarting its Corpus Christi plant. Related content: The US Coast Guard opened the Port of Corpus Christi Thursday to vessel traffic, with some restrictions, and Platts cFlow trade-flow software shows several crude tankers entering the port over the past day. Three crude vessels have also entered Lake Charles, Louisiana, cFlow showed. It has also been opened to traffic. Article continues below… With refiners and ports returning, gasoline prices fell Friday as traders were more confident supply would return to the market. NYMEX October RBOB futures settled down 3.31 cents/gal […]

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