By November 21, 2017 0 Comments Read More →

ANDREW LANGER: Energy companies have helped Texas, and the nation, recover from Harvey

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Hurricane Harvey dumped enough rain on Texas to fill the entire Chesapeake Bay. Widespread flooding caused an estimated $190 billion in damage, meaning Harvey could be the most expensive storm in American history.

The hurricane hit the energy sector particularly hard.

Over a dozen oil refineries along the Gulf Coast shut down or stalled production, reducing the country’s refining capacity by 20 percent. That caused gasoline prices to rise nationwide. In parts of Texas, gas prices rose 50 cents at the pump…

 

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