https://www.energyandcapital.com/articles/opec-oil-venezuela/6048
Nearly 30% of all U.S. refining capacity was right in the path of the monster storm...
Throughout the week, as much as 2.2 million barrels per day of capacity was cut off, and that oil was stranded inland.
That’s millions of barrels per day of refined petroleum products suddenly missing.
Even though product tankers headed to different ports were diverted to Texas, and the U.S. Strategic Petroleum Reserve was tapped into for as much as 500,000 barrels, gas prices around the country went up more than $0.30 on average.
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