• 3 minutes Looming European Gas Crisis in Winter and North African Factor - a must read by Cyril Widdershoven
  • 7 minutes "Biden Targets Another US Pipeline For Shutdown After 'Begging' Saudis For More Oil" - Zero Hedge Monday Nov 8th
  • 12 minutes "UN-Backed Banker Alliance Announces “Green” Plan to Transform the Global Financial System" by Whitney Webb
  • 7 hours Microbes can provide sustainable hydrocarbons for the petrochemical industry
  • 12 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 38 mins CO2 Electrolysis to CO (Carbon Monoxide) and then to Graphite
  • 10 hours Hunter Biden Helped China Gain Control of Cobalt Mines in Africa
  • 5 days Building A $2 Billion Subsea Solar Power Cable From Chile To China
  • 4 days Is anything ever sold at break-even ? There is a 100% markup on lipstick but Kuwait can't break-even.
  • 10 hours NordStream2
  • 4 days Modest drop in oil price: SPRs vs US crude inventory build
  • 4 days 2019 - Attack on Saudi Oil Facilities.
  • 4 days Monday 9/13 - "High Natural Gas Prices Today Will Send U.S. Production Soaring Next Year" by Irina Slav
  • 6 days Ukrainian Maidan after 8 years
  • 6 days Peak oil - demand vs production

Breaking News:

Expect Cheaper Gasoline This Week

Editorial Dept

Editorial Dept

More Info

The Aftermath Of Hurricane Harvey

Friday September 1, 2016

In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy sector. Each week we’ll dig into some data and provide a bit of explanation on what drives the numbers.

Let’s take a look.

1. Hurricane disrupts about 4 mb/d of refining capacity

(Click to enlarge)

- As has been widely reported, Hurricane Harvey has knocked a massive amount of refining capacity offline. By some estimates, the outages have topped 4 mb/d, or nearly a quarter of the U.S.’ total capacity.
- The Saudi-Motiva refinery in Port Arthur shut down completely on Wednesday, the largest refinery in the country. ExxonMobil’s Baytown refinery (560,500 bpd capacity) was also disrupted.
- The Corpus Christi area is recovering and Houston is also starting to see water levels fall. Port Arthur saw the worst of the floods mid-week, so will take more time.
- The following companies saw refining assets affected: ExxonMobil (NYSE: XOM), Citgo, Marathon Petroleum (NYSE: MPC), Valero Energy (NYSE: VLO), Phillips 66 (NYSE: PSX) Lyondell (NYSE: LYB), Total (NYSE: TOT), Royal Dutch Shell (NYSE: RDS.A), and Flint Hills.
- The good news is that at the time of this writing, several refineries were either coming back online or were beginning the process of coming back online.
- It is still unclear what amount of refining capacity will remain offline…




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News