Harvey tanks exports and production
The hurricane seized up much of the Gulf Coast's infrastructure that keeps oil and fuel flowing to markets
Hurricane Harvey cut the US' exports of crude and oil products by more than half and knocked around 0.75m barrels a day of production offline last week, according to initial data from the Energy Information Administration. Harvey slammed into the heart of America's oil complex on the Gulf Coast, knocking out the refineries, pipelines, pumping stations and ports that are vital to keeping oil and fuel flowing. Refinery runs on the Gulf Coast fell by a third, from 9.2m b/d two weeks ago to 6m b/d last week, amid the worst of the storm. Many of the Gulf Coast's major oil ports were shut down by the storm, and are only slowly coming back to life. Total product exports fell from 4.5m b/d to 2m b/d
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