Gasoline jumps after Harvey shuts Gulf Coast refineries
By Sarah McFarlane and Biman Mukherji, Dow Jones Newswires
U.S. gasoline futures surged Monday after Tropical Storm Harvey knocked out refining operations and traders tried to gauge damage in the Houston area, preparing for a potential shortage in gasoline supply.
Harvey was the first hurricane to hit U.S. refineries since the country’s emergence as a growing producer and exporter of oil, so the impact is expected to be felt further afield than with previous tropical storms. Harvey struck
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