Why the U.S. oil market is more ‘vulnerable’ now than it was in 2005 with Hurricane Katrina
July 12, 2019 at 13:33 PM EDT
Tropical Storm Barry won’t pack the same punch as Hurricane Katrina, but less intense storms in the Gulf of Mexico may have a great impact on the energy market that has seen sizable growth in refining capacity and the lifting of crude exports in the 14 years since that devastating hurricane.
