Gasoline hikes following Harvey threats to the Gulf Coast


Harvey drops some thunderstorms over Mexico’s Yucatan Peninsula and poses a high 90% possibility of taking the spot as a tropical storm again as it delves into the Bay of Campeche on Thursday. According to the National Hurricane Center in Miami, it formed in the past week east of Barbados prior to it tearing apart by wind shear.

The Gulf Coast which spreads from Corpus Christi, Texas, down to Lake Charles, Louisiana nests about 30 refineries, producing about 7 million barrels per day. It’s also a route of the heavy that is believed to kick off on Friday. Flooding increases the risk of operations, while torrential rains can make units to shut down, disrupting supplies.

According to Bob Henson, a meteorologist working with the Weather Underground in Boulder, Colorado, said a possible situation is that it will be a tropical storm, and needs to be observed.

Possible hike in Gasoline

Houston experienced an increase in the prices of wholesale gasoline on Tuesday, as suppliers hoarded with a view that refineries will have reduced output. The standard 87-octane gasoline went up o.8 percent to $1.5630 per gallon, while the premium price rose 1.8 percent to hit $1.6983.

Mansfield Oil Co., a Gainesville, a fuel distributor based on Georgia-based fuel distributor hinted in an email alert that nonessential staff may be asked to leave and furl purchases increase, all depending on the storm severity.

Cotton growers may not escape it

Don Keeny, a meteorologist, said cotton farmers might be affected if it falls heavily on the plants when the bolls are beginning to open.

According to Henson, if Harvey gains back its strength, it will be in a place where conditions can stand storm development – in the Bay of Campeche. Petroleos Mexicanos hinted it has no plans to take away offshore oil and gas rigs platforms in the region but will keep monitoring the storm.

A reinforced Harvey could push into the coastline possibly from the northeast Mexico to the Southern Texas and send flood rains afar to the north and east such as Louisiana, particularly if the storm hits off the coast, Henson continued.

Forecasts have it that about 7.6 inches of rain are expected to fall in the coming days between Lake Charles and Corpus Christi. However, the storm is not organized, causing a hassle when attempted to have a computer version of the forecast. The outlook will be better somewhat by Wednesday when the storm must have returned from the ocean, stated Patrick Blood, a meteorologist in Dickinson, Texas.