Texas continues to recover from Hurricane Harvey, and many of the disrupted refineries are ramping up production once again. But the ripple effects from the outages are still being felt, and some Midwestern refineries are benefitting from surging margins stemming from the havoc. Bakken Midwest refining margins more than doubled between August 23 and September 1, according to S&P Global Platts , jumping from $9 per barrel to temporarily over $20 per barrel, although they have since fallen back a bit. The margins are inflated because of gasoline shortages in certain parts of the country, the unfortunate consequence of the massive refinery outages along the Gulf Coast after Hurricane Harvey. Refining margins were also helped along by the initial downward pressure that WTI exhibited as crude oil backed up without any place to go. That means that refineries outside of the Gulf Coast could temporarily enjoy super profits. September […]