Hurricane Isaias could nudge fuel prices higher if Gulf of Mexico refineries lose power
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By MATTHEW BROWN and JOSH KELETY
Hurricane Isaias is forecast to miss the oil industry’s biggest hubs along the Gulf Coast but could still nudge fuel prices higher if it triggers power outages that shut down refineries for processing crude, according to industry experts.
An extended shutdown of refineries would put a crimp in fuel supplies that already have taken a hit from the ongoing conflict in the Middle East and Russia’s war against Ukraine.
Chevron’s facility in Pascagoula, Mississippi, an
Hurricane Isaias is forecast to miss the oil industry’s biggest hubs along the Gulf Coast but could still nudge fuel prices higher if it triggers power outages that shut down refineries for processing crude, according to industry experts.
An extended shutdown of refineries would put a crimp in fuel supplies that already have taken a hit from the ongoing conflict in the Middle East and Russia’s war against Ukraine.
Chevron’s facility in Pascagoula, Mississippi, an
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