Our thoughts at Mansfield are with those who have affected by Tropical Storm Harvey. Mansfield is committed to supporting the recovery efforts in the area. If you would like to provide aid, please join us in supporting the Red Cross as they help those in need because of the storm. If you’d like to donate, […]
Crude prices remain lower today as refineries in the Gulf remain offline, reducing crude demand. Prices are 46.03 this morning, above their close yesterday of $45.96. Prices have been struggling; crude barrels were trading at a low of $45.58 this morning, the lowest its traded since July. 4.6 MMbpd of refinery production remain offline, keeping […]
Nat Gas News – August 31 2017 U.S. Gulf Coast Energy Infrastructure Shut Due to Harvey US News and World reports: The U.S. National Hurricane Center said Harvey came ashore just west of Cameron, Louisiana, and was expected to weaken to a tropical depression by Wednesday evening. Numerous refineries, terminals, drilling platforms and other infrastructure […]
Harvey has officially made final landfall just West of Cameron, Louisiana, and will continue to bring heavy rain and flooding into East Texas and West Louisiana. Houston is finally seeing lighter rainfalls, but the storm continues raging on in Port Arthur and Lake Charles. Harvey is finally picking up speed. The system had been caught […]
Due to Tropical Storm Harvey, today’s FUELSNews will only feature one article. Our second article will come as a FUELSNews Storm Alert update on the latest fuel impacts of the storm. Crude prices continue to take a beating, with prices falling to $46.11 this morning, a loss of 33 cents (-.71%) from yesterday’s close. With […]
Nat Gas News – August 30, 2017 Natural Gas Demand Impacted By Harvey But Not As Bad As Forecasted Seeking Alpha reports: Natural gas prices took a hit last Friday as traders though the impact on demand from Hurricane Harvey would have been material, while the loss of supplies would have been less. Fast forwarding to […]
Tank Maintenance Suggestion: If your company has underground storage tanks in the impacted zones, make sure you’re familiar with the EPA’s safety recommendations for returning the tank to service. NACS Online has compiled the information you need to make sure that no further damage comes to your tank. Click here to read information. Tropical Storm […]
After falling sharply yesterday, crude prices are $46.58 this morning, a penny above their closing point yesterday. Prices struggled yesterday, giving up $1.32 during the trading session as refineries in the Gulf shut down, reducing the demand for crude oil. Prices have been mostly flat this morning. Fuel prices are much stronger this morning after […]
Tropical Storm Harvey continues to affect the Gulf Coast, shutting down refineries and, to a lesser extent, crude production. Already, the storm has had a severe impact, with fourteen lives lost and severe devastation throughout the Gulf. For the entire Mansfield and FUELSNews teams, our thoughts are with those affected by the storm and the […]
Nat Gas News – August 29, 2017 U.S. Natural Gas Futures Up as Tropical Storm Harvey Hits Production Reuters reports: U.S. natural gas futures rose more than 1 percent after touching a nearly three-week low on Monday as concerns about a tighter market following Tropical Storm Harvey offset any effects from forecasts of lower cooling […]
