Gasoline Shortages are just beginning
Posted: Sat Sep 02, 2017 3:12 pm
Refiner Motiva has warned customers along the route of the largest U.S. fuel pipeline to prepare for shortages after Harvey shut refineries and cut supply to the line, said a source at convenience store and gas station chain Circle K, supplied by Motiva.
Circle K said the company was working with a limited supply.
In some Texas cities including Dallas, there were long lines at gas stations on Friday.
Harvey shut refineries that can process up to 4.4 million barrels per day of crude, accounting for nearly a quarter of U.S. fuel production capacity. The plants shut down include Motiva's 603,000 bpd facility in Port Arthur, Texas, the largest refinery in the country.
Read: https://www.investing.com/news/commodit ... vey-525042
As of Friday, the volume of U.S. crude production still shut-in had declined to about 153,000 barrels per day, from 324,000 just two days ago.
Circle K said the company was working with a limited supply.
In some Texas cities including Dallas, there were long lines at gas stations on Friday.
Harvey shut refineries that can process up to 4.4 million barrels per day of crude, accounting for nearly a quarter of U.S. fuel production capacity. The plants shut down include Motiva's 603,000 bpd facility in Port Arthur, Texas, the largest refinery in the country.
Read: https://www.investing.com/news/commodit ... vey-525042
As of Friday, the volume of U.S. crude production still shut-in had declined to about 153,000 barrels per day, from 324,000 just two days ago.