Jeffrey J. Brown: Hurricanes And U.S. Oil Production

8 Sep 2017   Oil Supply

Summary Hurricane Harvey took offline over 50% of Texas’ refining capacity and shut down large percentage of the wells in the major Eagle Ford shale play. This week, Hurricane Irma threatens to deliver a similar massive punch to the oil patch in the Gulf. Geoscientist and oil explorer Jeffrey Brown calculates that Harvey alone will have long-lasting effects such as lingering supply shortages. Hurricane Harvey took offline over 50% of Texas’ refining capacity and shut down large percentage of the wells in the major Eagle Ford shale play. This week, Hurricane Irma threatens to deliver a similar massive punch to the oil patch in the Gulf. To discuss the ramifications from these storms on the oil markets, geoscientist and oil explorer Jeffrey Brown returns to the podcast. He calculates that Harvey alone will have long-lasting effects such as lingering supply shortages, but his greater focus is attuned to the […]

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