9:56 AM 8/28/2017 – Hurricane Harvey and the price of oil – Selected Articles, part 2: How Hurricane Harvey will impact prices at the gas pump – Washington Post

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1. News in Photos from mikenova (4 sites)
WSJ.com: World News: Global Economy Week Ahead: U.S. Inflation and Jobs, Japan Household Spending

The week ahead will be a busy one for U.S. economic data, with readings on consumer confidence, GDP, the Federal Reserves preferred inflation gauge and the August jobs report.

WSJ.com: World News

 

Saved Stories – None
Germany’s High-Priced Energy Revolution – Fortune
1-2″ Rain Friday Night & Saturday – Biblical Flooding Expected With Hurricane Harvey – Minneapolis Star Tribune
Hurricane Harvey: The markets ‘solidly’ understand the threat, Dennis Gartman says – CNBC
Gasoline ends barely higher after touch 5-month highs ahead of Hurricane Harvey – MarketWatch
Hurricane Harvey forces ALLIGATORS on to the streets as powerful storm batters Texas – Daily Star
Low Oil Prices Kill Incentive To Develop New Jet Fuel – OilPrice.com
Where Hurricane Harvey Made Landfall, Tough Texans Begin to Clear the Wreckage – New York Times
Asian stocks close mixed as oil markets digest Hurricane Harvey impact; euro near 2-1/2 year high – CNBC
Hurricane Harvey victims: How to help – ABC News

 

Saved Stories – None
Russia Sanctions Explained: A Look at the Measures Donald Trump Could Roll Back – ABC News


Telegraph.co.uk
Russia Sanctions Explained: A Look at the Measures Donald Trump Could Roll Back
ABC News
President-elect Donald Trump floated the idea over the weekend of a new negotiation with Russia that would involve rolling back President Obama’s crippling economic sanctions against Russia in exchange for its enhanced reduction of nuclear arms.
Without America, Britain must lead in standing up to Tsar Putin’s new imperial RussiaTelegraph.co.uk
What Is Best for America – Russia as a Friend or a Foe?Washington Times

all 1,540 news articles »

US eases restrictions on cyber-security sales to Russian spy agency – USA TODAY


USA TODAY
US eases restrictions on cyber-security sales to Russian spy agency
USA TODAY
The U.S. Treasury Department on Thursday eased economic sanctions on Russia, allowing some cyber-security transactions with the Russian Federal Security Service accused of meddling in the U.S. electoral process. Some Russian officials applauded the …
General License – Treasury.govTreasury.gov
Former FSB head says easing of US sanctions paves way for setting up anti-terror coalitionTASS
Publication of Cyber-related General License – Treasury.govTreasury.gov
Reuters
all 243 news articles »
Richard Haass: What the US Must Do About Russia – TIME


TIME
Richard Haass: What the US Must Do About Russia
TIME
We know that something needs doing, as Russia remains a major power, one with a modern military, a massive nuclear arsenal, advanced cyber capabilities, and significant oil and gas reserves. It has a seat on the … This argues for providing defensive 

and more »

Germany’s High-Priced Energy Revolution – Fortune


Fortune
Germany’s High-Priced Energy Revolution
Fortune
That’s because, at the same time that Germany’s domestic subsidies have produced more wind and solar power, the vagaries of the global energy markethigh prices for Russian gas and low prices for coal, given a glut of exports from the U.S.have 

and more »

1-2″ Rain Friday Night & Saturday – Biblical Flooding Expected With Hurricane Harvey – Minneapolis Star Tribune


Minneapolis Star Tribune
1-2″ Rain Friday Night & Saturday – Biblical Flooding Expected With Hurricane Harvey
Minneapolis Star Tribune
Hurricane Harvey is now forecast to strike coastal Texas between Corpus Christi and Victoria as a major, Category 3 storm, with sustained winds over 111 mph and a 10 foot storm surge early Saturday. … Hurricane Hazards. Hurricanes whip up a witch’s 

and more »

Texas, Barcelona, Hezbollah: Your Monday Briefing – New York Times


New York Times
Texas, Barcelona, Hezbollah: Your Monday Briefing
New York Times
… beginning to emerge from Hurricane Harvey, which left at least five people dead as it tore across the Gulf Coast. Even as a lesser tropical storm, it is expected to bring days of torrential rains and catastrophic flooding, the effects of which the 

and more »

Hurricane Harvey: The markets ‘solidly’ understand the threat, Dennis Gartman says – CNBC


CNBC
Hurricane Harvey: The markets ‘solidly’ understand the threat, Dennis Gartman says
CNBC
The futures market has “solidly” anticipated the intensifying threat from Hurricane Harvey, commodities king Dennis Gartman says. “This is going to be a short-term event,” he says. Oil prices rose Friday as the U.S. petroleum industry braced for the 

and more »

Oil Prices Rise Amid Falling US Rig Count – OilPrice.com

Oil Prices Rise Amid Falling US Rig Count
OilPrice.com
The number of active oil and gas rigs in the United States fell this week by 6 rigs. Combined, the total oil and gas rig count in the US now stands at 940 rigs, up 451 rigs from the year prior, with the number of oil rigs in the United States 

and more »

Gasoline ends barely higher after touch 5-month highs ahead of Hurricane Harvey – MarketWatch


MarketWatch
Gasoline ends barely higher after touch 5-month highs ahead of Hurricane Harvey
MarketWatch
Oil prices, meanwhile, settled higher, paring a loss for the week as Hurricane Harvey, bearing down on the Gulf Coast, threatened to disrupt refinery activity, as well as energy production and demand. September gasoline RBU7, +6.08% rose less than half 

and more »

When Can We Expect An Oil Price Breakout? – OilPrice.com

When Can We Expect An Oil Price Breakout?
OilPrice.com
-WTI traded in an unusually narrow $48.75/$47.03 range this week despite an extreme weather event in the world’s refining hub and geopolitical tensions in from MENA to DC. – In geopolitics we continue to see storm clouds over OPEC producers.

How Hurricane Harvey Could Actually Be Bad News For Oil Price – DailyFX


DailyFX
How Hurricane Harvey Could Actually Be Bad News For Oil Price
DailyFX
Additionally, Oil production is not expected to slow down where we could see a mismatch once again between supply, which is steady, and demand that is dropping as refiners prepare for the first hurricane of Harvey’s strength to hit Texas in 13 years.
US oil falls 2 percent as refiners brace for Hurricane HarveyReuters
Oil Edges Lower As Traders Eye Hurricane HarveyWall Street Journal (subscription)
Evacuations continue from offshore platforms in south US as Hurricane Harvey approachesXinhua
WorldOil (subscription)
all 285 news articles »
Hurricane Harvey forces ALLIGATORS on to the streets as powerful storm batters Texas – Daily Star


Daily Star
Hurricane Harvey forces ALLIGATORS on to the streets as powerful storm batters Texas
Daily Star
“If weather is bad, please let them be as they will move when water goes down. Stay 30ft and do not attempt to move or scare off a lost or displaced alligator.” And Christy Kroboth from Gator Squad in Houston advised residents not to approach or 

and more »

Low Oil Prices Kill Incentive To Develop New Jet Fuel – OilPrice.com

Low Oil Prices Kill Incentive To Develop New Jet Fuel
OilPrice.com
Aviation is one of the very few industries that has collectively committed to long-term global targets to cut emissions. The industry uses several types of alternative jet fuelsmostly biofuelsbut three years of low oil prices amid rising demand for 

10 refineries close as Harvey drenches Texas energy hub – CNNMoney


CNNMoney
10 refineries close as Harvey drenches Texas energy hub
CNNMoney
Hurricanes that land in Texas tend to have little impact on oil production, but more significant consequences for refining, according to Tom Kloza, chief oil analyst at the Oil Price Information Service. While refineries in Corpus Christi were already
Hurricane Harvey may boost gasoline prices but send crude oil lowerCNBC
Hurricane Harvey Could Send Gas Prices SpikingNBCNews.com
Rising fuel prices expected as Harvey closes key oil, gas operations in TexasChicago Tribune
ABC News –WSLS
all 12,121 news articles »
Harvey expected to trigger modest gas price hike: analyst – USA TODAY


USA TODAY
Harvey expected to trigger modest gas price hike: analyst
USA TODAY
Hurricane Harvey is expected to lead to modest gasoline price hikes across the U.S., a top oil analysts says, though further increases are possible if ongoing rain and flooding in the Houston area inflict additional damage on refineries. There were 
Gas prices set to spike as Harvey pummels HoustonCNNMoney
Hurricane Harvey: Flood-Induced Oil Refineries Shutdown Could Spike Gas Prices By 25 CentsPatch.com
Hurricane Harvey to deliver Calgary gas pump price jump: analystCalgary Herald

all 87 news articles »

Major refineries are shutting down in the wake of Harvey flooding – CNBC


CNBC
Major refineries are shutting down in the wake of Harvey flooding
CNBC
Oil refineries are shutting down in the wake of rainfall and flooding from Hurricane Harvey. The damage could mean a loss of more than 1 million barrels per day in refining capacity just in the Houston and Galveston areas that’s not including 

and more »

Where Hurricane Harvey Made Landfall, Tough Texans Begin to Clear the Wreckage – New York Times


New York Times
Where Hurricane Harvey Made Landfall, Tough Texans Begin to Clear the Wreckage
New York Times
ROCKPORT, Tex. In the days since Hurricane Harvey slammed into his hometown, Colin McBurney has become his own first-responder a 16-year-old in a backward baseball cap with bare feet, a pistol and a truck. He drove to the houses of his neighbors …

and more »

Asian stocks close mixed as oil markets digest Hurricane Harvey impact; euro near 2-1/2 year high – CNBC


CNBC
Asian stocks close mixed as oil markets digest Hurricane Harvey impact; euro near 2-1/2 year high
CNBC
Asian indexes came under pressure on Monday after the euro soared following Friday speeches from top central bankers. Oilmarkets, meanwhile, digested the impact of Hurricane Harvey. Japan’s Nikkei 225 closed mostly unchanged, ending the session off …
Asian stocks under pressure as oil markets digest Hurricane Harvey impactMoneycontrol.com

all 11 news articles »

450000 could seek Harvey disaster assistance, FEMA chief says – CNN


New York Times
450000 could seek Harvey disaster assistance, FEMA chief says
CNN
Around 13 million people are under flood watches and warnings stretching from Corpus Christi to New Orleans as the remnants of Hurricane Harvey menace the already drenched Texas and Louisiana. “Catastrophic and life-threatening flooding” continues in …
Trump Administration Faces Hurricane Harvey, Its First Major Natural DisasterNew York Times
Trump’s FEMA director is facing his first big challenge with Hurricane HarveyVox

all 86 news articles »

Why Russian Sanctions Haven’t Worked – Forbes


Forbes
Why Russian Sanctions Haven’t Worked
Forbes
These are the people who never benefitted from the hey days of high oil prices and whose lives, under sanctions, also haven’t changed. … That includes objectionable good such as weapons and uranium to objectionable clients. As economist Andrey 

How Hurricane Harvey Became So Destructive – New York Times


New York Times
How Hurricane Harvey Became So Destructive
New York Times
Scientists say the effects of Hurricane Harvey, which has been stalled over the Texas Gulf Coast since Friday and dumped more than 20 inches of rain in some areas, were worsened by a lethal confluence of meteorological events: warm water in the Gulf of …
Already Flooded, Houston Braces As Two Swollen Reservoirs Are OpenedNPR
More than 30000 people expected in shelters as extent of Harvey’s blow comes into chilling focusWashington Post
Catastrophic Floods Threaten Millions After Hurricane Harvey Drenches HoustonHuffPost
Fortune –CNN
all 12,121 news articles »
Sluggish Demand Growth Drives Big Oil’s Strategic Decisions – OilPrice.com

Sluggish Demand Growth Drives Big Oil’s Strategic Decisions
OilPrice.com
For oil prices to rise, demand must increase. That’s the gist of a new article from Forbes’ contributor Jude Clemente. Strong demand from East Asia may be weakening, as China slows its crude stockpiling and import demand declines. Surging U.S 

Hurricane Harvey victims: How to help – ABC News


FOX31 Denver
Hurricane Harvey victims: How to help
ABC News
“The American Red Cross is helping the people affected by Hurricane Harvey in Texas and all across the Gulf coast. Shelters are open, truck loads of supplies are being distributed and volunteers in place,” a statement on the organization’s website says.
How to help victims of Hurricane HarveyFOX31 Denver
Hurricane Harvey: How to help victims of the Texas stormChron.com
Iowa Red Cross volunteers travel south to aid Hurricane Harvey flood victimsDesMoinesRegister.com
Money Magazine –NPR –Palm Beach Post –WTAW
all 398 news articles »
How Hurricane Harvey will impact prices at the gas pump – Washington Post


Washington Post
How Hurricane Harvey will impact prices at the gas pump
Washington Post
Hurricane Harvey has barreled into the heart of the U.S. oil and gas industry, prompting the sudden evacuation of workers. Spot prices for gasoline are expected to jump Monday, but the full extent of damage will not be clear for days, companies and
Oil markets roiled as Hurricane Harvey hits US petroleum industryCNBC
Oil markets roiled as Harvey hits US petroleum industryReuters
Crude Oil Prices Shrug Off Hurricane Harvey, Gold May RiseDailyFX
Fox Business –Bustle –Bloomberg
all 292 news articles »
Lightning from Hurricane Harvey hits oil storage tank near Wildlife Management Area – Chron.com


Chron.com
Lightning from Hurricane Harvey hits oil storage tank near Wildlife Management Area
Chron.com
Lightning from Hurricane Harvey struck a fiberglass crude oil storage tank shortly after 5 a.m. Sunday near Port Arthur, south of Beaumont, next to a sensitive state wildlife park. The strike sparked a fire, burning two tanks and spilling about five 

 

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