East Coast Oil Refiners At Risk As Tropical Storm Isaias Approaches

East Coast Oil Refiners At Risk As Tropical Storm Isaias Approaches

OilPrice.com

Published

Tropical storm Isaias is threatening critical oil infrastructure along the U.S. East Coast as it barrels towards the Northeast, Bloomberg reports, noting that the risk has pushed up regional prices of various fuels. The Coast Guard has limited the traffic in Delaware Bay, which contains infrastructure serving three refineries, which, in turn, serve drivers and airports along the Atlantic seaboard. The combined capacity of the refineries is 530,000 bpd. The region’s largest oil port is also risking at least partial closure as the storm draws…

Full Article