Gulf Coast Fuel Makers News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Gulf Coast fuel makers could be shut for another week
Barbara Powell and Jeffrey Bair, Bloomberg
Feb. 18, 2021
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Restarting a refinery isn’t like flipping a light switch when the power comes back on.Brandon Thibodeaux/NYT
Fuel makers on the U.S. Gulf Coast may take a week or longer to get their frozen oil refineries running safely, even if at reduced rates, and that could mean higher gasoline and diesel prices at the pump.
The deep freeze and power outages roiling energy markets affected more than 20 oil refineries in Texas, Louisiana and Oklahoma. Crude-processing capacity fell by about 5.5 million barrels a day, according to Amrita Sen, chief oil analyst for consultant Energy Aspects Ltd. ....

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