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Northeast U.S. oil refineries prepare for Hurricane Sandy
Saturday, October 27, 2012 12:02 PM
Posted by pubudu
NEW YORK (Reuters) - Oil refineries along the U.S. Atlantic Seaboard on Friday braced for Hurricane Sandy, putting in place emergency plans ahead of the storm's expected landfall in the Northeast early next week. Six East Coast oil refineries representing 1.19 million barrels per day - or 7 percent of total U.S. capacity - could potentially be hit by the deadly storm, which left at least 41 dead as it roared through the Caribbean and churned northward. The storm threat boosted gasoline and heating oil futures as well as cash product prices in the New York Harbor over the past two sessions. ...
This entry was posted on 12:02 PM, and is filed under
Hurricane,
Northeast,
prepare,
refineries,
Sandy
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