Post Tagged with: "evacuations"

Source: Reuters

Hurricane Laura poses biggest storm threat to U.S. oil output in 15 years


HOUSTON  – The U.S. energy industry on Tuesday was preparing for a major hurricane strike, cutting crude production at a rate approaching the level of 2005’s Hurricane Katrina and halting oil refining at plants along the Texas-Louisiana coast.

Officials …

August 26, 2020 - 2:30 pm Closing Bell Story‎, Crude Oil News, Energy News