Harvey Throws a Wrench Into U.S. Energy Engine

(Reuters) A hurricane in the heart of the U.S. energy industry is set to curtail near-record U.S. oil production for several weeks…Harvey hit the Texas shore as a fierce Category 4 hurricane, causing massive flooding that has knocked out 11 percent of U.S. refining capacity, a quarter of oil production from the U.S. Gulf of Mexico, and closed ports all along the Texas coast. Gasoline futures jumped as much as 7 percent to their highest level in more than two years.

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