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In Louisiana, Citgo and Phillips 66 were preparing teams to check their refineries in Lake Charles, and Grey Rock Resources said there was no damage or leaks at its facilities.“Right now, assessments are about to be taking place, or are taking place, and we’re still waiting to get more information from our members,” said Jeff Gunnulfsen, senior director of American Fuel and Petrochemical Manufacturers, which represents refineries and petrochemical plants, on a conference call with reporters.It can take days or weeks restart a refinery. Oil prices fell on Thursday as a massive hurricane in the Gulf of Mexico made landfall in the heart of the U.S. oil industry, forcing oil rigs and refineries to shut down. Many had already done so while preparing for Tropical Storm … It had maximum sustained winds of 150 mph (240 kph), making it the most powerful hurricane to strike the U.S. so far this year.Experts say it’s unlikely that the U.S. will suffer from major oil or gasoline shortages due to the hurricane, as other regions fill in the gaps or turn to stored oil. ©2020 FOX News Network, LLC. WASHINGTON (Nexstar) — The Texas oil industry, already hit hard by the COVID-19 pandemic, dodged a bullet with Hurricane Laura. Traffic signals dangle close to the roadway from broken utility poles in Lake Charles, La., in the aftermath of Hurricane Laura, Sunday, Aug. 30, 2020.Jim Venissat, whose camp was destroyed by Hurricane Laura, walks amid the devastation in Holly Beach, La., Saturday, Aug. 29, 2020.Broken electrical poles in Holly Beach, La., in the aftermath of Hurricane Laura, Saturday, Aug. 29, 2020.Monique Benjamin, left, and her daughter Amiah Winbush, 17, look at the damage to their car detailing business in Lake Charles, La., in the aftermath of Hurricane Laura, Sunday, Aug. 30, 2020. It’s not going to happen as quickly as most people would like for sure.”New Orleans-based Entergy said over the weekend that Laura, the strongest storm to hit Louisiana since 1856, has left severe damage to high-voltage transmission lines and other key infrastructure.“We expect the recovery to be as difficult and challenging as we have ever faced in the past. Oil and gas producers evacuated platforms and rigs in the Gulf of Mexico and companies were shutting down refineries in the storm's path. Storm oil is oil used to calm an area of water. Many … Real-time quotes provided by This material may not be published, broadcast, rewritten, or redistributed. Futures Movers U.S. oil prices suffer first loss in 4 sessions as traders bet on quick output recovery from Gulf storm Published: Aug. 27, 2020 at 3:18 p.m. That led to gasoline shortages, panic buying and long lines at service stations throughout Texas.AP Writers Jason Dearen in New York, Ellen Knickmeyer in Oklahoma City and David Koenig in Dallas contributed to this report.Turn on desktop notifications for breaking stories about interest? “It’s gradual for each unit to work its way back up to operational status.All states except Louisiana reported fuel availability and minimal station closures, and workers will refuel stations as soon as they’re able, said Sherri Stone, vice president of the Petroleum Marketers Association of America, which represents 60,000 retail gasoline stations nationwide.“In order for the stations to reopen, roads must be cleared enough to get to the stations, electricity must be available and of course the employees and drivers must be available,” Stone said.The oil industry has been hammered since the start of the year, struggling with low prices after the coronavirus decimated demand. More than 900,000 customers were without power in Louisiana, Texas and Arkansas, according to the website PowerOutage.Us, which tracks utility reports.“We’re still waiting and hoping that the infrastructure in the communities in which we’re operating in Louisiana and far East Texas have not been significantly impacted by Hurricane Laura,” said Suzanne Lemieux, operations security and emergency response manager for the American Petroleum Institute, on a conference call with reporters.In Texas, the Port Arthur Refinery owned by Motiva Enterprises leaked more than 200 pounds (90 kilograms) of volatile organic compounds, and then emitted 100,000 pounds (45,000 kilograms) of those and other pollutants during its shutdown.Emissions of this size are typical during refinery shutdowns. “There is a buffer, but we still have a couple weeks left in the summer of higher demand, so we could see the surplus come off pretty quickly.”Nearly half of the oil and gas platforms in the Gulf of Mexico — almost 300 — were evacuated by Wednesday, along with most of the offshore rigs. All rights reserved.

Oil and gas producers evacuated platforms and rigs in the Gulf of Mexico and companies shut down refineries in the storm's path.
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